SK Hynix Could Reportedly Price US Offering at $149 Per ADR — Jim Cramer Hopes It Is Priced At A Discount
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
SK Hynix is reportedly pricing its US offering at $149 per ADR. The company's US listing is said to be heavily oversubscribed, which could make it one of the largest foreign offerings. The pricing and reception of the offering may indicate Wall Street's appetite for memory stocks, which have been turbulent.
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