Keyword → Nasdaq ADR listing

SK Hynix $28B Nasdaq ADR Prices Today at $165.26 — Sevenfold Demand Makes It the Second-Largest Foreign Listing in US History

Jul 9, 2026

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SK Hynix $28B Nasdaq ADR Prices Today at $165.26 — Sevenfold Demand Makes It the Second-Largest Foreign Listing in US History

SK Hynix priced its Nasdaq ADR offering on Thursday, targeting approximately $28 billion at roughly $165.26 per ADR, with institutional orders covering more than seven times the shares available. Cornerstone investors including Baillie Gifford, Coatue Management, and Situational Awareness Partners indicated combined interest of up to $7 billion. Interim trading begins Friday under the ticker SKHY, with regular trading starting Monday. The deal is the second-largest US listing by a foreign company, behind only SpaceX's $85.7B IPO last month.

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SKHYSK Hynix stockIPONasdaq ADR listingHBM memoryAI chip supply chainMUsemiconductor stocks
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