More than 52 Million Shares of SK Hynix Traded Within First Half Hour
Dow Jones07-11 00:49
More than 52 million shares of SK Hynix had traded as of noon ET, less than 30 minutes after the first trades on Nasdaq today, according to JJ Kinahan, head of retail expansion and alternative investment products at Cboe Global Markets.
That marks "a huge number" and "a nice shot in the arm for the market," Kinahan said, adding that options trading for the stock is expected to start on Tuesday. "It's an incredible story for this company," he said. "Revenue tripled between 2022 and 2025, but the key question is whether it can continue this incredible pace of growth."
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