Storage Chips Sector Declines in Regular Session, WDC Falls 2.71%, SNDK Drops 2.53%
During the regular session on September 24, the storage chip sector displayed mixed performance with most mainstream stocks under pressure. As of 12:45 ET, Micron Technology (MU.US) traded at $1,069.64, down 0.21%; SanDisk (SNDK.US) at $1,770.67, down 2.53%; Western Digital (WDC.US) at $460.85, down 2.71%; and Seagate Technology (STX.US) at $918.06, down 0.55%. Only Everspin Technologies (MRAM.US) bucked the trend, rising 1.23% to $17.30.
Internal divergence within the sector was evident, with storage device manufacturers facing widespread selling pressure. Western Digital and SanDisk led declines, both falling over 2.5%, reflecting market concerns about storage demand prospects. Micron Technology and Seagate Technology saw more limited losses, staying within 1%. On the derivatives front, SNDQ.US performed strongly, gaining 4.76% to $10.35; while SNXX.US posted the largest decline at 5.14% to $17.43. MUU.US fell 0.42% to $37.03, and MUD.US edged up 0.22% to $9.04.
Overall, the storage chip sector showed a broad decline pattern during today's regular session, with only MRAM.US recording gains among mainstream stocks. Investors should monitor subsequent supply-demand dynamics in the storage market and industry sentiment signals, as sector volatility may continue.
Sector constituents
| Name | Ticker | Last | Change |
|---|---|---|---|
| SNDQ | SNDQ.US | 10.35 | +4.76% |
| Everspin Technologies | MRAM.US | 17.30 | +1.23% |
| MUD | MUD.US | 9.04 | +0.22% |
| Micron Technology | MU.US | 1069.64 | -0.21% |
| MUU | MUU.US | 37.03 | -0.42% |
| Seagate Technology | STX.US | 918.06 | -0.55% |
| SanDisk | SNDK.US | 1770.67 | -2.53% |
| Western Digital | WDC.US | 460.85 | -2.71% |
| SNXX | SNXX.US | 17.43 | -5.14% |
