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SK Hynix Premarket Decline and New Leveraged ETF

SK Hynix shares fell 0.7% in premarket after a 13.7% decline, while Leverage Shares launched a 2x leveraged ETF ($SKHX). Analysts defend the stock, citing a DRAM shortage that could intensify in H2 2026.

Heat
103
Confidence
90%
Evidence
8
Updated

Why It Happened

The price drop follows a broader memory sell-off, but analysts argue the market overreacts. The new leveraged ETF amplifies daily moves, adding volatility. DRAM supply constraints are expected to worsen, supporting a contrarian bullish view.

Actors

SKSK HynixUnderlying stock
LELeverage SharesETF issuer
KIKim SunwooAnalyst at Meritz Securities
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Analyst defends SK Hynix and Samsung Electronics

Kim Sunwoo of Meritz Securities argues markets overreact, expects DRAM shortage to intensify, with SK Hynix at 3.5x P/E in 2027.

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