Profit-booking and arbitrage unwinding are behind the drop

Jul 13, 2026

12:55 pm

What's the storySK Hynix's shares fell more than 15% on the Korean stock exchange today, making it the company's biggest one-day decline on record.

The decline comes despite a successful debut on Wall Street, where the company's American Depository Receipts (ADRs) rose by 13%.