SK Hynix, 3.7 Million Shares Sold Net by Individuals Over Last 5 Days... Stock Price at 86,700 Won (+0.81%)

As of 2:30 PM on the 10th, SK Hynix is trading at 86,700 KRW, up 0.81% from the previous day. The trading volume is 2,350,906 shares, which is 98.82% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.

On November 5th, Myungseop Song, a researcher at Hi Investment & Securities, stated, "Currently, signs of easing in the sluggish market conditions for 4Q20 are emerging, and with demand recovery and customer inventory reduction, the market is expected to begin a full recovery in the first half of 2021. During the 3Q20 earnings conference call, detailed explanations were given regarding the outlook for market improvement, the background of the Intel NAND business acquisition, expected synergies, and future strategies. Through this communication, it is judged that some of the market concerns regarding the Intel NAND acquisition have been alleviated." He set the target price for SK Hynix at 120,000 KRW.

Over the past five days, individual investors have net sold 3,703,561 shares of SK Hynix, while foreign investors and institutions have net bought 1,613,861 shares and 1,981,854 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

This content was produced with the assistance of AI translation services.