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SK Hynix Shares Fall 57% From Peak Over Four Months

SK Hynix shares have fallen nearly 60% from their record high., amid a global sell-off in semiconductor and memory-chip stocks.

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A global sell-off in semiconductor and memory-chip shares has sent SK Hynix stock down nearly 60% from its record high, reached four months earlier. The decline reflects investors’ retreat from the overheated Korea trade.