DXYZDestiny Tech100 Inc. Common Stock

34.43USD+2.99%Mkt Cap: 1.05B $P/E: 9.73
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Look Out Below When the Price Isn’t Right

The red-hot Korean memory-chip maker raised $26.51 billion last week by selling American depositary receipts, which U.S. investors can buy in dollars. The violation of the “Law of One Price” happens when it’s hard for sophisticated traders to profit from such differences and often when many novice investors just piled into the market. The most famous example occurred a week before the tech bubble burst when Palm, the maker of then-popular Palm Pilots, was partially sold by parent 3Com.

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