U.S. Storage Stocks Slide as SK Hynix and SanDisk Drop More Than 3%

SK Hynix and SanDisk fell more than 3% in early U.S. trading Monday, leading declines among storage stocks as the broader market opened mixed. Micron Technology declined more than 2% at 9:31 a.m. ET (13:31 UTC). The Nasdaq Composite was down 0.05% at that time. The Dow Jones Industrial Average rose 0.17%, while the S&P 500 gained 0.03%. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost