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SK Hynix Drops 5%, SanDisk Slides 6%, Western Digital Slips 4% as Traders Take Profits in Memory Stocks
Summary by 24/7 Wall St.
3 Articles
3 Articles
SK Hynix Drops 5%, SanDisk Slides 6%, Western Digital Slips 4% as Traders Take Profits in Memory Stocks
Memory stocks are getting hammered Wednesday as profit-takers hit names that ran hundreds of percent this year, but the question is whether today's selloff reflects something darker than simple fatigue.
·Lakewood, United States
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Chipmaker stocks, including Sandisk and Intel, were hit by another market downturn, with the sector as a whole recording notable stock price declines.
Coverage Details
Total News Sources3
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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