RESOLVING THE LEDGER
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The South Korean memory chipmaker SK Hynix (NASDAQ:SKHY) has been one of the hottest stocks in the market this year.
The company’s South Korean shares are up roughly 115% this year, and that’s after a nearly 47% pullback over the past month.
Recently, the company delivered strong second-quarter earnings results. SK Hynix reported $42 billion of operating income and roughly $54.4 billion in revenue, which is 257% higher year over year.
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