SK Hynix (SKHY) Stock: What to Expect From Earnings Wednesday
Photo: CoinCentral
TLDR SK Hynix will announce shareholder return measures with Q3 earnings on Wednesday. A Korean report says the plan may include a special dividend of about 16 trillion won ($12 billion). The dividend would be funded by gains from the sale of its Kioxia stake. SKHY opened at $137.02 on Monday, well below its 50-day average of $170.08. SK Hynix paused the planned U.S. listing of its Solidigm unit due to market volatility. SK Hynix (SKHY) opened at $137.02 on Monday. That is far below its 50-day simple moving average of $170.08 and its one-year high of $199.87.
Source: CoinCentral
