SK Hynix (NasdaqGS:SKHY) Stock Still Looks Reasonable Following Its 33% Selloff
SK hynix shares have sold off sharply over the past month, and with sector headlines turning rough, the core question now is whether the current price still lines up with what the business is earning. The stock is down 32.6% over the past month, which puts fresh focus on whether the recent slide has moved the price closer to or further away from what its earnings might support. Recent news around the delayed Solidigm U.S. IPO, export approvals for equipment in China, and rising competition...
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