Why Is SK Hynix Stock Falling on Thursday?
SK Hynix Inc. (NASDAQ: SKHY) stock pulled back Thursday after a 7% surge on Wednesday as broader market pressures and rising oil prices impacted trading.
SK Hynix stock went up a lot Wednesday, then came back down Thursday because of bigger market worries and oil prices going higher. When a stock bounces around this much, watch if the company's actual business is still strong or if people are just nervous about everything.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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