SK hynix (NasdaqGS:SKHY) Stock Dropped, What Is Driving Attention Now?

SK hynix (NasdaqGS:SKHY) is back in focus after reports that its China based plants are being upgraded to produce higher layer NAND chips, amid ongoing consultations with the US government on export rules. For investors watching SK hynix, the share price tells a more cautious story than the headlines. At a latest close of US$131.69, the stock has fallen 8.1% on a 1-day basis and is down 21.6% year to date, with the 30-day share price return declining 32.6% and the 90-day move also weaker...