SKHYNIX SK Hynix just shot up nearly 6% after hours!
SK Hynix announced that their American Depositary Receipts (ADR) will hit the market in July, looking to raise up to 45 trillion KRW (around 29 billion USD) through the ADR launch.
They're planning to use the funds to build a fab in Korea and snag some EUV lithography machines.
SK Hynix is aiming for July 10 to kick off ADR trading, priced at 255,000 KRW per share, which is about 165 USD. SK Hynix's stock popped up 5.5% in after-hours trading.BREAKING: 🇺🇸 The Trump administration is pushing to pass the #crypto market structure bill before the August recess.
Unfortunately, it’s not going to happen.
No one in Washington wants to watch the Trump family cash in millions from crypto.
On top of that, the big banks are expected to fight tooth and nail, they’ll throw everything they have at protecting their yield and influence.
Massive news, that will allow more injection of funds into the crypto market if it were to indeed happen#BinancePickAndWin
SK Hynix announced that their American Depositary Receipts (ADR) will hit the market in July, looking to raise up to 45 trillion KRW (around 29 billion USD) through the ADR launch.
They're planning to use the funds to build a fab in Korea and snag some EUV lithography machines.
SK Hynix is aiming for July 10 to kick off ADR trading, priced at 255,000 KRW per share, which is about 165 USD. SK Hynix's stock popped up 5.5% in after-hours trading.BREAKING: 🇺🇸 The Trump administration is pushing to pass the #crypto market structure bill before the August recess.
Unfortunately, it’s not going to happen.
No one in Washington wants to watch the Trump family cash in millions from crypto.
On top of that, the big banks are expected to fight tooth and nail, they’ll throw everything they have at protecting their yield and influence.
Massive news, that will allow more injection of funds into the crypto market if it were to indeed happen#BinancePickAndWin