[Featured Stock] SK Hynix Gains Over 3% Despite Expected 4Q Operating Loss
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[Asia Economy Reporter Lee Jung-yoon] SK Hynix is on the rise in early trading on the 18th.
As of 9:24 AM, SK Hynix was trading at 90,700 KRW, up 3.42% (3,000 KRW) compared to the previous trading day.
Kiwoom Securities forecasted an operating loss of 930.8 billion KRW for SK Hynix in the fourth quarter of this year and lowered the target price from 130,000 KRW to 120,000 KRW. Additionally, SK Hynix closed at 87,700 KRW, down 4.15% on the previous trading day.
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However, due to the perception that the previous day's decline was excessive, buying interest has flowed in, leading to the rise on this day.
This content was produced with the assistance of AI translation services.
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