On October 29, SK hynix fell 3.13% in Pre-Market Trading, trading at $159.7 per share, with turnover of $58.839 million.
The latest market-moving catalyst was a company update indicating that Solidigm is still evaluating competitiveness and capacity expansion plans, but no decision has been made on the rumored KRW60 trillion US NAND plant. At the same time, semiconductor stocks broadly weakened, with Micron Technology falling 3.9%, Advanced Micro Devices falling 3.8%, Broadcom falling 2.78%, NVIDIA falling 1.03%, and Intel falling 4.42%.
That pressure followed a sharp post-earnings reversal despite SK hynix previously reporting record third-quarter revenue of KRW104.62 trillion and operating profit of KRW83.33 trillion, alongside an approximately KRW100 trillion shareholder return plan. Recent options flow also pointed to a defensive bias, including a $10.31 million calendar put structure, suggesting investors were adding downside protection even after the strong results.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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