SK Hynix IncImpact on stocks 1
SK Hynix IncShares of SK Hynix, South Korea's major memory chip maker, suffered a flash crash in pre-market trading on the Nextrade platform for the second time in about a week. The stock plunged as much as 30%, the maximum daily limit set by the exchange, before recovering to close the pre-market session down around 2%. The incident occurred at 8 a.m. local time on August 6, 2026, triggered by a trade of just 11 shares at 1,168,000 won each. In regular trading on the Korea Exchange, SK Hynix fell as much as 9.8% amid a global semiconductor sell-off. Nextrade, an alternative trading platform launched last year that is rapidly gaining market share, plans to introduce a Static Volatility Interruption system from September 14. The mechanism will temporarily halt trading and initiate a price auction if an order causes a price move exceeding 10% from the previous day's close.
SK Hynix Inc