SK Hynix Shares Fall More Than 12% to Lowest Level Since April

SK Hynix shares fell more than 12% on Oct. 15, reaching their lowest level since April 27. The slide put a more than five-month low on a major name in artificial intelligence and semiconductors.

By 1:59 a.m. ET (05:59 UTC), the shares were down more than 12%. That marks a double-digit decline, while the April 27 comparison places the shares at their weakest level since the spring. The drop puts pressure on a major AI and semiconductor stock.