SK Hynix shares jump over 4% after early losses as chipmaker scraps Solidigm IPO plans
Summary
Shares of SK Hynix fell following the decision to cancel the initial public offering for its Solidigm unit. The chipmaker decided to halt the American listing process due to ongoing market volatility and concerns regarding its share price.
SK Hynix shares closed 4% higher after an initial drop in early trading as the chipmaker halted review of Solidigm IPO plans in the U.S.
Source: Read the full story at US Top News and Analysis
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