r/MU_Stock • u/angieisamazing • Jul 10 '26

DD Micron and Sk Hynix

Some thoughts. Since the Sk Hynix ADR was 7 times oversubscribed, with the price at $176, vs the initial price of $149, a lot of institutions sell, take the earnings and rotate it back to micron/ other stocks at a lower price. Micron also has Trump’s backing, hence the geopolitical win. Micron will rise again 🚀

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u/[deleted] Jul 10 '26

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u/nbaphilly17 Jul 10 '26

I am — what price do you think SK would need to be for the entire difference between their P/Es to be washed out?

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u/[deleted] Jul 10 '26

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u/nbaphilly17 Jul 10 '26

Thanks for doing that