Hynix Isn’t Selling Shares to Cash Out. It’s Funding a $26.5 Billion Factory Bet.
Given how many times most investors have seen it before, it would be easy to assume an insider or founder is just using the market’s recent strength to cash in — by getting out — while valuations are high. That’s not the case here, though. Every penny of SK Hynix‘s (SKHY +14.99%) recent public offering…