An SK hynix logo is displayed during the company's Nasdaq debut in New York, Friday.
Reuters-Yonhap SK hynix's blockbuster Wall Street debut quickly delivered a lesson in how fast market swings can travel across the Pacific.
The chipmaker's Seoul-listed shares plunged 15 percent on Monday after the initial enthusiasm surrounding its U.S. listing faded and investors grew more concerned that the artificial intelligence (AI) boom may be nearing a peak.
Its American depositary receipts (ADRs) then fell about 9 percent, narrowing the premium over the Korean shares.
The two securities should generally move in the same direction because they represent the same company, analysts said Tuesday.
