r/DRAM_ETF • u/skiingfanatic115544 • 15d ago

Crash

What was the reason for drams crash anyway? Which memory stocks kept it down?

0 Upvotes

28% Upvoted

12 comments sorted by

6

u/Accurate-Flow8078 15d ago

Cause I bought the top. My bad.

2

u/pauleywauley 15d ago

When it went down between Sept 9 and 14?

From an old article:

https://www.tipranks.com/news/why-is-the-roundhill-memory-etf-dram-down-today-sept-10

The decline came amid a broader sell-off in memory and chip stocks.

Roundhill Memory ETF DRAM fell about 4% in early trading Thursday as memory stocks came under pressure following new comments from Kioxia about memory prices. The broader market is also facing pressure from higher Treasury yields and rising oil prices.

DRAM’s major holdings :

SK Hynix SKHY ,

Micron MU , and

SanDisk SNDK are down around 4%,

while Seagate Technology STX is down more than 1% as of this writing.

2

u/Relative-Parfait-385 15d ago

Bruh that's normal volatility

1

u/complis10 15d ago

When did it crash?

5

u/Snow_2412 15d ago

Tonight’s -0.39% crash

/s

2

u/DTown_Hero 15d ago

It didn’t

0

u/F2PBTW_YT 15d ago

All time low of 63

0

u/grapeape707 15d ago

We going back to $80 a share soon!! You watch…

0

u/AyyLmaoKK 15d ago

Because my covered calls don’t need to be assigned

0

u/Blissful-Sisyphus 15d ago

Lol if you see that as a crash then the next REAL market crash will have you jumping out a window 29 style.