🔴 SK Hynix is trading 3.39% down amid reports Solidigm is weighing a U.S. IPO

SK Hynix is trading at €1140.00 (-3.39%) after reports its U.S. subsidiary Solidigm is weighing an IPO, prompting concerns about the group’s complex ownership structure.

• Bloomberg reported a 5% drop, the shares’ sharpest fall in two weeks; this is separate from the price change above.
• Bloomberg said an IPO could come as soon as next year and value Solidigm at up to $100 billion.
• The provided hero-news report cites a potential valuation of up to $150 billion.