U.S-listed shares of SK Hynix Inc (NASDAQ:SKHY) fell over 6% to $141.55 a piece in premarket trading on Thursday amid global volatility in technology stocks.
The stock briefly hit South Korea’s 30% daily limit-down in South Korea’s first alternative trading system, Nextrade‘s premarket session, after only 11 shares were traded. Critics say the current premarket trading system allows small-volume trades to trigger sharp price swings, increasing the risk of investor losses.
