AIReutersabout 3 hours ago
SK Hynix Nasdaq debut tests Korea discount
1 min read
SK Hynix debuts on Nasdaq via ADRs priced at $149 apiece, raising about $26.5 billion. The company trades at 4.8 times forward earnings versus the industry median of 29.84 times and Micron's 6.6 times. Analysts expect the listing to narrow but not close the Korea discount, improving access for U.S. investors.
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