SK hynix shares hit record high on earnings optimism

SK hynix shares surged to a record high on Tuesday, driven by growing expectations of a strong first-quarter earnings performance. The stock jumped 7.98 percent to 1.123 million won as of 10:27 a.m., surpassing its previous intraday high of 1.099 million won set on Feb. 26. Investor sentiment has strengthened ahead of the company’s preliminary earnings release scheduled for April 23. According to Yonhap Infomax, market consensus estimates SK hynix’s first-quarter operating profit at 3.85 trillio

By The Korea Herald