Saturday, 24 October 202602:40 UTCWire updated 02:40 UTC

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SK Hynix pulls Solidigm IPO, citing market volatility

SK Hynix pulls Solidigm IPO, citing market volatility

SK Hynix said it is pulling an IPO for its U.S.-based Solidigm unit, citing market volatility. SK Hynix said in a release that the review was discontinued in light of market conditions and share price trends.

NoteThe cancelled listing shows an AI-linked offering can be pulled when markets turn, even for a unit of one of the sector's biggest winners.

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