SK Hynix has made its debut on the Nasdaq, with its american depositary receipt (adr) listing reportedly setting a record. The company's shares initially rose, with some outlets reporting a 13% increase on the first day of trading, but later dropped by more than 9% on the second day. The listing was heavily oversubscribed, with some reports indicating it was more than 7 times oversubscribed, although there is some discrepancy in the reported value of the listing.