🔴 SKHX is trading 7.7% down today on Solidigm IPO concerns

SKHX is trading at $16.71, down 7.68%, as reports of a potential Solidigm IPO pressure SK Hynix shares.

• SKHX targets twice SK Hynix’s daily performance, magnifying the underlying move.
• Bloomberg reported SK Hynix fell 5% after its U.S. subsidiary Solidigm was reported to be considering a U.S. IPO, reviving ownership-structure concerns.
• Rising oil and Treasury yields after Trump rejected Iran’s proposal added to broader risk-off pressure.