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via finance.yahoo.comMarkets

SK hynix stock plunges 10.44% as AI memory leader leads Seoul selloff

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. SK hynix (NASDAQ:SKHY) shares dropped 10.44% to 1.132 million won at Friday's November 6 regular-session close in Seoul, as Korea's chip stocks crumbled after a heavy AI selloff on Wall Street. The memory maker fell much further than…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishSK hynix's steeper drop versus Samsung highlights the vulnerability of concentrated AI stocks.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01SK hynix closed at 1,132,000 won, down 10.44%.
  2. 02Samsung Electronics lost 6.35% in the same session.
  3. 03Foreign investors sold a net 2.77 trillion won of Korean shares.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
SK hynix Inc.SKHYStock126.64 USD-1.06%today +2.21%Negative KOSPIINDEX:KS11Index5,059.69Market closedtoday -6.02%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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