SK Hynix's Surge Triggers Investment Warning from Korea Exchange

Reported about 10 hours ago

SK Hynix Inc.'s stock has surged by 240% this year, prompting the Korea Exchange to issue an investment caution to investors, suggesting the shares may be overheated. This warning, which is rare for large-cap stocks, comes as the company's shares experienced a significant rise amidst a broader increase in AI-related stocks, although they saw a 5.3% decline following the caution. The exchange's warning serves as a preliminary alert that trading could eventually be limited if the stock's excessive price changes continue.

Source: YAHOO

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