Storage Chips Mixed Intraday, SNDK Down Over 3%, WDC Down Nearly 5%, MRAM Up Nearly 5%
The storage chip sector showed mixed performance during intraday trading on September 24, with mainstream tickers moving in divergent directions. Micron Technology (MU.US) closed at $1,080.53, up 0.81%; SanDisk (SNDK.US) fell over 3% to $1,753.62; Western Digital (WDC.US) weakened nearly 5% to $450.31; Seagate Technology (STX.US) dropped 1.86% to $905.92; while Everspin Technologies (MRAM.US) bucked the trend, gaining nearly 5% to $17.88.
The sector showed significant divergence. WDC.US hit a low of $449.21 during the session, ultimately closing at $450.31, down 4.94% from the previous trading day. MRAM.US performed strongly with notable volatility throughout the day, closing at $17.88, up 4.62%. SNDK.US closed at $1,753.62, down 3.47%. MU.US remained relatively stable with trading volume of 22.02 million shares and turnover of $23.44 billion.
On the derivative ticker front, MUU.US gained 1.40% to $37.71, MUD.US fell 0.44% to $8.98, SNXX.US dropped 6.75% to $17.13, and SNDQ.US rose 6.68% to $10.54. Overall, the storage chip sector experienced significant volatility today, and investors should pay attention to industry supply-demand dynamics and inventory conditions affecting stock prices.
Sector constituents
| Name | Ticker | Last | Change |
|---|---|---|---|
| SNDQ | SNDQ.US | 10.54 | +6.68% |
| MRAM | MRAM.US | 17.88 | +4.62% |
| MUU | MUU.US | 37.71 | +1.40% |
| Micron | MU.US | 1080.53 | +0.81% |
| MUD | MUD.US | 8.98 | -0.44% |
| Seagate | STX.US | 905.92 | -1.86% |
| SanDisk | SNDK.US | 1753.62 | -3.47% |
| Western Digital | WDC.US | 450.31 | -4.94% |
| SNXX | SNXX.US | 17.13 | -6.75% |