Stocks Making Significant Premarket Moves: On Semiconductor, Sandisk, Rocket Lab Among Others
On Semiconductor's stock fell over 15% premarket after announcing a $7 billion all-stock acquisition of Synaptics, which saw its shares rise by 2.5%. Memory and semiconductor stocks were broadly down amid continued tech sector sell-off, with Micron and Sandisk declining more than 4.5%, while Rocket Lab rose on NASA contract news.
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Topics: aerospace energy memory stocks semiconductors stock market