Memory Stocks SK Hynix, SanDisk, Western Digital Drop as Traders Take Profits
SK Hynix's U.S.-listed ADR fell 5%, while SanDisk and Western Digital dropped by 6% and 4%, respectively. The decline follows a sharp rally in memory stocks earlier this week with no confirmed company-specific negative catalyst, indicating broad profit-taking after significant gains.
Tickers: $MU $SKHYV $SNDK $WDC