SK Hynix Nasdaq Debut: SKHY Soars After Record $26.5 Billion Listing, and Why Crypto Traders Should Care
Key TakeawaysSK Hynix listed its American depositary receipts on the Nasdaq on Friday, July 10, 2026, raising $26.5 billion in the largest US share sale ever completed by a foreign company, surpassing Alibaba's $25 billion in 2014.Priced at $149 per ADR, the shares opened more than 15% higher at $171.50 and finished their first session up 13%, lifting the company's market capitalization to about $1.25 trillion.The offering was oversubscribed more than seven times, with anchor interest from insti