SK Hynix ADR falls below issue price, hitting a new low since listing

According to BIT market data, SK Hynix ADR fell to $139.01 during trading, below the issue price of $149, and ultimately closed at $143.02, a new low since its listing. SK Hynix and SpaceX became the first companies in this year's largest IPO to fall below the issue price. SK Hynix ADR entered the US stock market earlier this month with a fundraising scale of $26.5 billion, and the semiconductor index closed at its lowest level since May 19th.