Business and MoneyUnited StatesHeat 54
SK Hynix shares slide after it scraps Solidigm IPO plans
AI QUICK TAKE
SK Hynix has shelved plans for a potential U.S. IPO of its Solidigm unit, citing market volatility and share price concerns, according to CNBC. Its shares fell after the news.
Timeline
- CNBC reports Solidigm IPO shelved