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PostsCathie Wood bought 544,385 shares of PRME and sold 10,774 shares of AMD today.
Nasdaq +1.13%, S&P 500 +0.81%.
U.S. stocks opened higher and continued to rise last night, with the storage sector leading the gains. Optical communications and semiconductors surged across the board! The semiconductor index triple-leveraged ETF soared 15.2%. Storage chip concepts SanDisk and Micron rose over 7%. Optical communications stock Lumentum jumped over 11%, and Corning gained over 4%.
Storage giant SK Hynix officially lists on the U.S. stock market tonight, making it another sleepless night. The American Depositary Shares (ADS) issue price is set at $149 each, with a fundraising scale of approximately $26.5 billion.
This lowers the entry barrier for investors. Will you consider selling DRAM to buy Hynix?
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