SK HYNIX SHARES PLUNGE 30% IN PRE-MARKET FLASH CRASH
SK Hynix shares fell 30% in pre-market trading on South Korea's Nextrade Bourse before recovering much of the lost value. The incident marked another brief price collapse for the chip manufacturer within a week. The flash crash prompted renewed questions about trading volatility on the alternative exchange.
A SocGen strategist suggested that a Korean market "shakeout" was nearly complete, according to one account of the trading episode.
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