SanDisk Bucks Sector With 3.5% Drop — Can Memory Prices Hold?
Memory split Friday: SK Hynix +0.94% to $190.07, Micron −0.22% to $975.26, SanDisk −3.50% to $1,633.35, against +1.46% for tech hardware. SanDisk hit $1,616.80 intraday on 9.3m shares, over 40% lighter than the prior session, with no company news that day. Over the weekend GF Securities said NAND prices may stabilize later this year, cutting at a reflation case built on HBM shortage and rising quotes. By Monday's pre-open all three fell: SK Hynix −4.10%, SanDisk −3.94%, Micron −3.34%. If prices only stabilize, the premium comes out; Micron puts real quotes on the table Sept 30. Your plan?
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