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SK Hynix (SKHY) Stock Rises 8% Pre-Market After Seven-Fold Profit Jump

SK Hynix (SKHY) Stock Rises 8% Pre-Market After Seven-Fold Profit Jump

Photo: CoinCentral

TLDR SK Hynix (SKHY) is up about 8% pre-market at $156.55 after closing Tuesday at $145.36. September quarter operating profit hit 83.3 trillion won, up from 11.4 trillion won a year earlier. Profit and revenue (104.6 trillion won) both beat analyst estimates. The company announced a 100 trillion won investor return program for 2026. SK Hynix expects memory supply shortages to last through 2030. SK Hynix (SKHY) stock is trading higher before the open on Wednesday after the company reported a seven-fold jump in quarterly profit.

Source: CoinCentral

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