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Memory Stocks Blast Off: Micron, SK Hynix, SanDisk, Western Digital, and Seagate All Rally Double-Digits
SanDisk rose 22% and Micron gained 15% as Samsung warned of tighter memory supplies, lifting pricing expectations across the sector.
Summary by 24/7 Wall St.
9 Articles
9 Articles
On the 30th (local time), the three major New York stock indices closed with sharp gains across the board. Overcoming the shock of the Federal Reserve's decision to keep interest rates unchanged the previous day, strong buying pressure poured in, centered on technology and semiconductor stocks. On the New York Stock Exchange, the Dow Jones 30 Industrial Average recorded 52,208.06, up 613.92 points (1.2%) from the previous trading day. The index …
Memory Stocks Blast Off: Micron, SK Hynix, SanDisk, Western Digital, and Seagate All Rally Double-Digits
Memory stocks are surging across the board today, with some names posting gains that dwarf the broader tech rally. Here is what is pushing the entire sector into overdrive at once.
·Lakewood, United States
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Coverage Details
Total News Sources9
Leaning Left1Leaning Right1Center4Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 17%
C 67%
R 16%
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