SK Hynix Inc. – ADR's (NASDAQ:SKHY) blistering rally on Wall Street is amplifying a scarcity-driven dislocation between the new listing and the home-market stock, with the U.S. line now trading at more than a 50% premium to Seoul.
SKHY stock is moving.
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SKHY Debut and Price Action SK Hynix’s American depositary receipts (ADR) began trading on Nasdaq last Friday in a record-setting U.S. equity offering that raised about $26.5 billion, the largest-ever listing by a foreign company.
The ADRs were priced at $149 and opened at $170, quickly drawing in U.S. investors eager for direct exposure to the world’s leading supplier of high‑bandwidth memory used in AI servers.
