SK Square and SK Hynix stocks face significant declines

SK Square and SK Hynix are experiencing significant stock price declines on the KRX. SK Square is currently trading at 780,000 KRW, which is 64.37 percent below its 52-week high of 2,189,000 KRW. In the second quarter of 2026, the company reported revenue of 329 billion KRW, a 19.20 percent decrease compared to the same quarter in the previous year.

SK Hynix has seen a sharp drop of approximately 60 percent from its record high of 2,986,000 KRW, with the price recently falling to around 1,230,000 KRW. Technical indicators such as the Relative Strength Index (RSI) have dropped to approximately 27 points, signaling an oversold condition despite a continuing downward trend. The company's stock has broken below its long-term trend line and previous support zones.