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SK Hynix Plans to List on the U.S. Stock Market at $166 per Share; Analysts Forecast 20% Upside Potential
Svmuu News: According to market reports, SK Hynix plans to issue American Depositary Receipts (ADRs) on the Nasdaq Global Select Market at a price of $166 per share, raising approximately $29.4 billion.Institutional analysts believe that U.S. investors purchasing shares at this price are effectively getting a bargain; they expect the stock price to rise by 20% and narrow the valuation gap with its competitor, Micron Technology.
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Source：Odaily · Source Link
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