SK Hynix's 15% Plunge Triggers $5 Billion ETF Selling Spiral
SK Hynix (HXSCL), a South Korean memory-chip producer at the center of the artificial intelligence hardware supply chain, recorded a 15% plunge on Monday, forcing leveraged products tied to the company to sell billions of dollars of shares. The selling pressure appears to have accelerated a broader…
SK Hynix (HXSCL), a South Korean memory-chip producer at the center of the artificial intelligence hardware supply chain, recorded a 15% plunge on Monday, forcing leveraged products tied to the company to sell billions of dollars of shares. The selling pressure appears to have accelerated a broader…
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