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Stocks making the biggest moves premarket: Sandisk, On Semiconductor, Rocket Lab & more
On fell 23% after announcing its largest acquisition ever, while the deal is expected to expand its market by $30 billion, the company said.
Summary by CNBC
4 Articles
4 Articles
On Friday, the tech sector suffered another decline in stocks amid growing investor concern over the rapidly rising cost of AI infrastructure. American semiconductor makers were among the first to be hit, CNBC reports. In premarket trading, Intel shares fell more than 3%, Sandisk fell 4.74%, and Arm lost 3.66%.
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Coverage Details
Total News Sources4
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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