SK Hynix shares rose 10.32% to $160.355, giving it a market value of $1.17tn, as most US-listed memory stocks gained after its earnings. SanDisk rose over 4%, Micron over 3% and Western Digital about 1%, while NXP Semiconductors fell over 6% after guiding fourth-quarter sales below expectations.
The story so far: SK Hynix shares rally
SK Hynix shares rose 10.32% to $160.355, giving it a market value of $1.17tn, as most US-listed memory stocks gained after its earnings. The stock later climbed as much as 12% to $162.81, lifting its market value to $1.19tn.
SK Hynix shares climb 10.32% as memory stocks mostly rise
SK Hynix shares rose 10.32% to $160.355, giving it a market value of $1.17tn, as most US-listed memory stocks gained after its earnings. SanDisk rose over 4%, Micron over 3% and Western Digital about 1%, while NXP Semiconductors fell over 6% after guiding fourth-quarter sales below expectations.
SK Hynix shares climb 12% as market value nears $1.2tn
SK Hynix shares rose as much as 12% to $162.81, giving the chipmaker a market value of $1.19tn, according to MSX.COM data.
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