# SK hynix ADR Trades at 38% Premium as Lockup Expires Wednesday

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/27829
Published: 2026-10-08T08:01:17.000Z
Updated: 2026-10-08T08:01:17.000Z
Section: Investing

> The American depositary receipt fell sharply Monday but remains more than 20% above its listing price.

SK hynix’s American depositary receipt traded 38% above the company’s South Korean shares as of Tuesday’s close, with the lockup scheduled to expire Wednesday.

The lockup restricts SK hynix, its affiliates and management from selling shares. The market is questioning how long the current memory-chip cycle can continue.

The ADR recorded its sharpest one-day decline in three weeks on Monday. Despite the recent pullback, it remained more than 20% above its listing price.

There is no indication that SK hynix plans another share sale, unlike some Asian artificial intelligence companies that have recently pursued additional issuance.