SK Hynix plunges 30% again in pre-market trading on Nextrade within a week, sparking doubts over volatility on alternative trading platforms
智通财经2026/08/06 03:21Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
```html(1) On Thursday at 8 a.m., SK Hynix traded 11 shares at 1,168,000 won per share in pre-market trading on Korea’s alternative trading platform Nextrade, plunging 30% from the previous day's closing price and hitting the daily limit. By the end of the 50-minute pre-market session, the decline narrowed to around 2%. (2) This sharp drop was directly related to the previous trading day’s poor earnings outlook from US storage chip company SanDisk, whose after-hours stock price plummeted, causing Korean chip stocks to fall as well. During regular trading hours in the Korean stock exchange that morning, SK Hynix shares once dropped 9.8%. (3) This trend is highly similar to last Tuesday — at that time, SK Hynix also saw a 30% plunge in pre-market trading on Nextrade before narrowing the losses. The occurrence of two similar abnormal fluctuations in a short period has triggered widespread market doubts over the price volatility mechanism and liquidity of the Nextrade platform.```
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Samsung collaborates with ASML to develop high-NA EUV lithography technology
智通财经•2026/09/08 23:36
UBS: Ignoring Interest Rates, Focus on Gold’s Long-Term Support Factors
汇通财经•2026/09/08 23:32

Nymex WTI crude oil futures main contract rises 1.27% intraday to $94.21 per barrel
智通财经•2026/09/08 23:21
Crypto prices
MoreBitcoin
BTC
$78,777.24
-0.59%
Ethereum
ETH
$2,496.58
+0.16%
Tether USDt
USDT
$1
+0.03%
BNB
BNB
$754.83
+1.91%
XRP
XRP
$1.42
+1.49%
USDC
USDC
$1
+0.01%
Solana
SOL
$103.78
-0.21%
TRON
TRX
$0.3394
+1.54%
Hyperliquid
HYPE
$85.78
+0.92%
Zcash
ZEC
$1,187.67
+4.39%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now