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SK Hynix Stock Surges in US IPO
SK Hynix Stock Surges in US IPO
The South Korean memory chip giant raises $26.5 billion in second-largest IPO on record.
Tom Lauricella
Jul 10, 2026
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Seung-il Ryu/NurPhoto via Getty
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2026-07-11
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2026-07-11
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Stocks and oil prices drift, while South Korean AI darling SK Hynix leaps in its Wall Street debut
57 minutes ago
Associated Press
,
(AP) — U.S. stocks and
oil prices
are drifting toward a quiet finish of the week Friday following
their earlier fireworks
on worries about how the
war with Iran
will affect the
global flow of crude
.
Trader Michael Milano, center, works on the floor of the New York S
2026-07-11
www.fool.com
2026-07-11
The Motley Fool
The major U.S. stock indexes traded in a narrow range Friday morning as investors digested a historic IPO debut and mixed signals from the technology sector.
The Dow Jones Industrial Average (
^DJI
+0.74%
) rose 0.2% by 12:09 p.m. ET, while the S&P 500 (
^GSPC
+0.89%
) added 0.1%. The Nasdaq Composite (
^IXIC
+1.29%
) traded flat, held back by weakness in Alphabet (
GOOGL
1.39%
) and Space Explor
2026-07-11
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2026-07-11
Seeking Alpha
2026-07-11
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2026-07-11
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2026-07-11
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2026-07-11
finance.yahoo.com
2026-07-11
Yahoo Finance
SK hynix Surges to Open at $170, Topping SpaceX’s Debut
Rich Duprey
July 10, 2026 3 min read
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SK hynix's $26.5 billion Nasdaq ADR, the largest-ever foreign U.S. listing, was seven times oversubscribed and opened 14% above its offer price.
SKHY's 14% opening-day gap beat SpaceX's 11% debut pop, though
2026-07-11
247wallst.com
2026-07-11
24/7 Wall St.
The Number
SK hynix raised $26.5 billion in its Nasdaq American Depositary Receipt offering, a figure the company and its bankers describe as the largest ever for a foreign U.S. listing. The deal priced at $149 per share against an initial target of roughly $28 billion, with the book seven times oversubscribed before allocations closed. This is proceeds raised at pricing, not a market-cap or valu
2026-07-11
wkzo.com
2026-07-11
WKZO
July 10 (Reuters) – SK Hynix’s U.S.-listed shares opened 14% above the offering price in their Nasdaq debut, signaling continued strength in investor appetite for companies benefiting from the AI boom.
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2026-07-11
www.businessinsider.com
2026-07-11
Business Insider
The memory trade has hit a few speed bumps lately, but that didn't stop investors from flocking to the US debut of SK Hynix on Friday.
The South Korean chip manufacturer began trading on the Nasdaq after the firm raised $26.5 billion in an offering of American depositary receipts that was priced late Thursday at $149 each. The ADRs began trading at $170, spiking 14%. At pricing, the offering was
2026-07-11
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2026-07-11
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2026-07-11
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2026-07-11
The Killeen Daily Herald
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2026-07-11
www.oskaloosa.com
2026-07-11
Oskaloosa Herald
NEW YORK (AP) — Shares of South Korean memory chipmaker SK Hynix rose 14% as they made their debut on Wall Street, at a time when demand for chips is surging thanks to the
frenzy around artificial intelligence
.
The company is already one of the largest in South Korea, along with Samsung Electronics, and is a member of the Kospi index. Even with a recent pullback, the country's Kospi index is up 7
2026-07-11
www.wrbl.com
2026-07-11
WRBL
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2026-07-11
qz.com
2026-07-11
qz.com
SK Hynix listed its American depositary receipts on the Nasdaq $NDAQ on Friday, with the ADRs opening at $170 per share — a 14% gain above the $149 offering price — after the South Korean memory chipmaker raised $26.5 billion in the largest U.S. share sale ever completed by a foreign company.
Until regular-way trading begins July 13, the ADRs are listed under the temporary symbol SKHYV; the ticke
2026-07-11
finance.yahoo.com
2026-07-11
Yahoo Finance
2026-07-11
www.yakimaherald.com
2026-07-11
Yakima Herald-Republic
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2026-07-11
lancasteronline.com
2026-07-11
LancasterOnline
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