SK Hynix shares jump over 4% after early losses as chipmaker scraps Solidigm IPO plans

What happened: SK Hynix has shelved plans for a potential U.S. IPO of Solidigm amid market volatility and share price concerns. Its shares slid after the news. Why it matters: The decision points to market volatility and share price concerns weighing on the chipmaker's listing plans for Solidigm. Coverage: 3 outlets in 24h

SK Hynix has shelved plans for a potential U.S. IPO of Solidigm amid market volatility and share price concerns. Its shares slid after the news.

The decision points to market volatility and share price concerns weighing on the chipmaker's listing plans for Solidigm.