SK Hynix is trading 15.3% down at €1105.00 following a sharp reversal from its recent post-IPO rally and profit-taking after its blockbuster Nasdaq ADR listing.

  • The drop follows a 15% plunge in its Seoul-listed shares on July 13, driven by weaker near-term expectations for HBM4 shipments.
  • Sentiment was further pressured by a broader KOSPI risk-off selloff targeting AI and memory chip names.