SK Hynix sinks after Nasdaq debut amid profit-taking, easing earnings optimism

SK Hynix shares declined significantly in Seoul trading on Monday. This followed a strong debut for its American Depositary Receipts on Nasdaq. Investors booked profits after the successful U.S. listing concluded. Concerns about second-quarter earnings also impacted market sentiment. Shipment increases for HBM4 chips did not appear to materialize at scale.