On September 10, SK hynix fell 4.85% in regular trading, trading at approximately 189.66 USD/share, with turnover of 7.87 billion USD. The pullback came one session after the stock surged over 7% to a record high, triggering broad-based profit-taking.

The decline was driven by a confluence of factors. Following the prior session's sharp rally to all-time highs — fueled by bullish calls from Goldman Sachs on the memory sector and warnings of sub-10-day chip inventories at Samsung and SK hynix — investors moved to lock in gains. The broader semiconductor sector amplified the selling pressure, with Micron Technology down 3.79%, Intel down 4.28%, NVIDIA down 2.20%, and AMD down 2.18%. All three major US indices opened lower, with the Nasdaq falling 0.89%.

On the positive side, JPMorgan initiated coverage with an Overweight rating and a 245 USD target price, citing a 20% valuation discount to US peer Micron and an AI memory upcycle potentially extending beyond 2028. However, the bullish call failed to offset near-term selling pressure. Meanwhile, options market activity revealed notably bearish positioning, including an 8-million-dollar bear call spread. Additionally, SK hynix's union is set to revote on a tentative wage agreement on September 15-16, adding labor-related uncertainty.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)