DRAM ETF Outflows Surge as the Memory Stocks Remain in a Bear Market
The DRAM ETF is seeing strong outflows as most memory stocks like SanDisk and Micron remain in a technical bear market
Economy · News reference
Shares of memory and storage-related companies are trading lower amid elevated energy prices and U.S. Fed rate hike expectations. Higher borrowing costs may lessen demand for capacity should the sector's customers cut back their respective buildout campaigns due to expensive financing.
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