SK Hynix ADR Surges 8.44% to $165.17 on July 17, Rebounding from Two-Day Slump

SKHY0.89%
According to Infomax, SK Hynix's U.S. ADR (NASDAQ: SKHY) surged 8.44% to $165.17 on July 17 as of 1:01 PM ET, rebounding from consecutive declines on July 15 (down 9%) and July 16 (down 13.69%). SK Group Chairman Chey Tae-won advised investors to maintain long-term holdings, stating that memory demand will continue and stock prices will trend upward over time.
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