SK Hynix Experiences Brief 30% Flash Crash on Nextrade Bourse
South Korean memory chip maker SK Hynix was hit by a sudden 30% flash crash on the Nextrade bourse during pre-market trading. The rapid decline was a brief but significant event for the company's stock.
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SK Hynix Hit by 30% Pre-Market Flash Crash on Nextrade Bourse
Chip giant SK Hynix Inc. suffered another episode of a brief pre-market price plunge in about a week, a development that raised fresh questions about trading volatility on South Korea’s young alternative stock exchange.
By Youkyung Lee
Read full article →Flash crash briefly fells SK Hynix while SocGen strategist says Korean shakeout is nearly done
SK Hynix stock dived 30% in premarket trade in Seoul before recovering much of the lost value.
By Jules Rimmer
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