🟢 SK Hynix is trading 3.3% up today as ADRs rebound from AI-memory valuation selloff

SK Hynix is trading 3.3% up at $159.16 as its Nasdaq ADR continues to rebound from last week’s sharp profit-taking selloff tied to AI-memory valuation concerns.

• The move follows extreme post-IPO volatility, including a 27% surge on the first U.S. options trading day and a subsequent two-day slide.
• Traders remain focused on ADR/Korea price gaps and the broader re-rating of the AI memory sector.