SK Hynix raises $26.5 billion in US offering after pricing ADRs at $149
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SK Hynix has raised $26.5 billion in a US offering after pricing its american depositary receipts (ADRs) at $149. The company's Nasdaq listing is reportedly the largest foreign debut in the US, with its stock surging 13% in its debut. The successful listing has had an impact on other memory giants, with some, such as Micron and Sandisk, experiencing a fall.
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