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SK Hynix Stock Soars in Biggest US Listing Ever by a Foreign Company
SK Hynix raised over $26 billion in its U.S. share offering on Friday.Credit: Michael Nagle / Bloomberg via Getty ImagesKey TakeawaysU.S.-listed shares of SK Hynix surged in their first day of trading Fridaya sign investors remain eager to own the chief beneficiaries of the AI-driven memory shortage.SK Hynix, Samsung, and Micron have all pulled back from their recent records, but are still among the best-performing stocks this year after a torrid second quarter.South Korean memory-chip giant SK Hynix (SKHYV) soared in its American debut on Friday, suggesting U.S. investors remain bullish on…
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