🔴 SKHX is trading 7.2% down in pre-market as Solidigm IPO report raises ownership concerns

SKHX is trading 7.24% down at $16.92 as reports of a potential U.S. IPO for Solidigm raised concerns about SK Hynix’s complex ownership structure.

• Bloomberg says the listing is under consideration, not finalized, and could happen as soon as next year.
• SKHX is a 2x daily leveraged SK Hynix ETF, making underlying weakness consistent with its pre-market drop.
• Broader markets are weaker; no SKHX-specific announcement was reported in the supplied context.