SK Hynix’s ADRs began trading on the Nasdaq under the ticker SKHY on Friday, July 10, 2026.The stock moves to regular-way trading today, July 13, 2026, after trading under the temporary symbol SKHYV.SK Hynix’s Seoul-listed shares fall 12.89% to KRW 1.89 million ($1,253.16) after its Nasdaq debut, with a Reuters-cited analyst framing the move as profit-taking and a "correctional period" tied to added share issuance and valuation uncertainty.The company’s ADRs were priced at $149, opened around 14% higher at $170, and finished the debut session up 12.76% at $168.01, with another 2.43% gain after hours.With the Nasdaq (QQQ) down 1.03% and Technology currently the worst-performing sector (11 of 11) at -1.02%, WDC’s drop is happening in a tape that’s already leaning away from higher-beta tech.Technical AnalysisThe longer-term trend is still constructive—WDC remains well above its 200-day SMA ($304.22) and 100-day SMA ($430.19)—but Monday’s selloff is pressuring the shorter-term structure after a huge 12-month run of 721.71%. The stock is trading 11.5% below its 20-day SMA ($623.17), a sign the recent pullback has real force even though it’s still 0.5% above the 50-day SMA ($549.02).Earnings & Analyst OutlookLooking further out, the next major catalyst for the stock arrives with the July 29, 2026 (estimated) earnings report.