SK hynix: Solidigm Concerns Overblown, Strong Fundamentals Not Reflected in Share Price

SK hynix pushed back on market concerns about its subsidiary Solidigm, saying the worries are overblown and that its strong fundamentals are not reflected in the share price. Earlier, Solidigm's pursuit of a U.S. IPO and dual-listing controversy weighed on the stock. The remarks could ease investor concerns over NAND business uncertainty and lift near-term sentiment, but long-term variables such as the Solidigm listing remain to be seen.

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