'Activist Palliser Pushes For Change At AI Chip Investor SK Square; Hedge Fund Has Built A More Than 1% Stake In The South Korean Company, Which Is The Largest Shareholder In Chip Maker SK Hynix' - WSJ
Portfolio Pulse from Benzinga Newsdesk
Activist investor Palliser Capital has acquired over a 1% stake in SK Square, the largest shareholder in AI chip maker SK Hynix, and is advocating for changes to enhance share value.
October 15, 2024 | 2:43 pm
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Palliser Capital's push for changes at SK Square, a major shareholder in SK Hynix, could impact the iShares MSCI South Korea ETF (EWY), which includes SK Hynix.
EWY, an ETF tracking South Korean equities, includes SK Hynix. Changes at SK Square, a major shareholder in SK Hynix, could affect SK Hynix's performance and thus impact EWY.
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