Two Sentence Traders

$SNDK and $MU on watch into July 10, SK Hynix ADR launch date

By rummy ·

SK Hynix's US ADR launches July 10, and the read is that $SNDK and $MU could see rotation selling into that date as capital shifts toward the new listing. Bernstein just raised their $SNDK target to $3,000, so the bull thesis is intact. If you're holding, know July 10 may be a chop point.

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Aggregated and distilled by Two Sentence Traders. Not financial advice.