SK Hynix makes history with biggest foreign US IPO, shares soar 13%: Why this is even bigger news for Indian investors
Shares of South Korean memory chipmaker SK Hynix rose 12.8% as they made their debut on Wall Street on Friday.
The company is already one of the largest in South Korea, along with Samsung Electronics, and is a member of the Kospi index. Even with a recent pullback, the country’s Kospi index is up 77% so far this year and SK Hynix shares have more than tripled.
