SK Hynix Plunges 15.37% on July 13, Posts Largest Single-Day Drop on Record

According to Economist, SK Hynix shares fell 15.37% on July 13 to close at 1.845 million KRW, marking the company's largest single-day decline on record. Broadcaster Seo Dong-joo disclosed his personal losses, saying he purchased shares near the 2.59 million KRW peak and was facing unrealized losses exceeding 700,000 KRW per share, embodying retail investors' panic amid the sharp selloff.

The stock rebounded on July 14, gaining 3.69% to 1.913 million KRW as bargain-hunting inflows emerged following the previous day's excessive decline.