---
title: "SK hynix tumbles 7%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/303666347.md"
description: "SK hynix fell 7.47% to US$149.97. Up 9.44% over five sessions."
datetime: "2026-10-30T14:26:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/303666347.md)
  - [en](https://longbridge.com/en/news/303666347.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/303666347.md)
generator: "portal-rs"
---

# SK hynix tumbles 7%

SK hynix (SKHY.US) tumbled more than **7%** during regular trading to **$149.97**.

The stock is up 9.44% over the past five sessions and sits 24.96% below its 52-week high of US$199.86.

The Nasdaq Composite is down 1.84% over the past five sessions and up 9.62% year to date.

The semiconductors industry index fell 6.0% over the same period.

SK hynix has decided not to proceed with the planned initial public offering of its US-based storage subsidiary Solidigm and has suspended the concurrent pre-IPO investment process.

Based on public media reports. AI-generated; not investment advice.

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## Related News & Research

- [Greenleaf Trust Buys New Stake in SK hynix Inc. $SKHY](https://longbridge.com/en/news/304241653.md)
- [Seondo Electric Wins KRW 8.85 Billion Installation Contract From SK Hynix](https://longbridge.com/en/news/304186214.md)
- [Camus Engineering & Construction Raises SK Hynix Project Contract Value to KRW 302.78 Billion](https://longbridge.com/en/news/303682483.md)
- [SK hynix vs. Micron: One AI Memory Stock Is Worth Buying, the Other Is Worth Waiting On, Says Top Investor](https://longbridge.com/en/news/304290568.md)
- [6,871 Shares in SK hynix Inc. $SKHY Bought by Oppenheimer & Co. Inc.](https://longbridge.com/en/news/304092528.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**