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Business & Finance

SK Hynix suggests its stock is too cheap as it embarks on $29 billion buyback

SK Hynix suggests its stock is too cheap as it embarks on $29 billion buyback
Key Points

Following a sharp selloff in recent months, the South Korean memory-chip company says current share prices don’t reflect the business’s “intrinsic value.”

Following a sharp selloff in recent months, the South Korean memory-chip company says current share prices don’t reflect the business’s “intrinsic value.”
SK Hynix (PERSON) South Korean (ORG)
Originally published by MarketWatch Read original →