SKHX is trading at $12.51, down 3.2%, as traders lock in profits following several days of sharp gains and heightened volatility.
- The move follows a more than 16% jump on August 4 and an earlier surge on July 30.
- Current weakness is driven by profit-taking in the leveraged SK Hynix ETF rather than fresh negative company news.
- Broader equity markets are positive today, suggesting the decline is primarily position-driven.