SK Hynix raised $26.5 billion during its initial public offering (IPO) on the Nasdaq, where its shares increased by as much as 17% on the first day of trading. This listing marks a record for foreign companies on the exchange.
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SK Hynix raises $26.5 billion in Nasdaq debut
SK Hynix successfully raised $26.5 billion in its IPO on the Nasdaq, with shares rising up to 17% during the debut trading. This event sets a record for foreign listings on the exchange.
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Original Headline
Chip giant SK Hynix raises $26.5bn as shares surge in bumper US listing
Neutral Headline
SK Hynix raises $26.5 billion in Nasdaq debut