Nasdaq Losses Reach 3% as Storage Stocks Extend Their Slide
Photo: TokenPost
The Nasdaq's decline widened to 3% as storage shares deepened losses Thursday morning, extending a sharp move in U.S. technology markets that serves as a key backdrop for crypto traders. At 10:01 a.m. ET (15:01 UTC), SanDisk shares were down 11%, the largest decline among five storage companies in the update. Seagate Technology had fallen 9.99%, and Western Digital was lower by 9.44%. SK Hynix dropped 7.93%, while Micron Technology lost 7.03%. The five companies were each down about 7% or more, with losses spanning nearly four percentage points from Micron to SanDisk.
Source: TokenPost
