🔴 SK Hynix is trading 4.24% down today on reports of potential Solidigm U.S. IPO

SK Hynix is trading at €1130.00, down 4.24%, amid concerns over Solidigm’s potential U.S. IPO and the group’s complex ownership structure.

• Bloomberg reported the potential listing could value Solidigm at up to $100 billion.
• Memory stocks also weakened as rising bond yields and AI-related safety concerns pressured chip shares, adding sector headwinds that may have compounded the decline.