Short News View Non-AMP

SK Hynix Stock Drops Below $140

Published by
Nidhi Kolhapur

SK Hynix stock fell below $140, with its U.S.-listed ADR trading at $139.45, down 11.89% over the past 24 hours, as South Korea’s KOSPI Index plunged more than 8%. The sharp selloff triggered a 20-minute trading halt, marking the market’s eighth circuit breaker of 2026. Weakness in Samsung Electronics and SK Hynix, driven by concerns over AI infrastructure spending, chip demand, and global semiconductor competition, weighed heavily on the benchmark index.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

Why is Crypto Down Right Now?

The crypto market fell 2.9% over the past 24 hours, reducing its total value to…

July 28, 2026

KOSPI Stock Index Halts Trading After 8% Crash as Samsung and SK Hynix Sink

South Korea's KOSPI Index triggered a circuit breaker after plunging 8%, halting stock and program…

July 28, 2026

Pi Network Token Unlocks: 775 Million PI Supply Wave Could Decide Price Direction in 2026

Pi Network is entering a major supply transition, with around 775.8 million PI tokens expected…

July 28, 2026

Fake Crypto Wallet on App Store Triggers $1.8M Lawsuit Against Apple

Apple is facing a lawsuit in California after three customers claimed to have lost a…

July 28, 2026

Ethereum Signals Bullish Reversal via Key MVRV Metric

The daily Market Value to Realized Value (MVRV) ratio of Ethereum (ETH) has decisively crossed…

July 28, 2026

CLARITY Act Myths Could Mislead Investors, Crypto Council Warns

Just weeks before the U.S. Senate takes up the CLARITY Act, the crypto industry is…

July 28, 2026