SK hynix Jumps 5%, Sandisk Up 6%, Micron Up 3% as Memory Stocks Bounce Back From Selloff
Key TakeawaysSK hynix rose 5% today, with Sandisk up 6% and Micron up 3%, as memory and chip stocks bounced back from last week’s sell-off. The sell-off looks overdone, and SK hynix’s forward P/E is still well below its June peak.
Key TakeawaysSK hynix rose 5% today, with Sandisk up 6% and Micron up 3%, as memory and chip stocks bounced back from last week’s sell-off. The sell-off looks overdone, and SK hynix’s forward P/E is still well below its June peak.
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