Memory stocks getting hit. SK Hynix IPO today. Is the rally over? Don's live at 9:20am.
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Don's going live at 9:20am. |
Futures are basically flat. S&P's still winning the week even though Iran's been a shitshow all week long. |
But chip stocks are puking in pre-market. |
SK Hynix debuts on the Nasdaq today at $149, and apparently everyone's freaking out that it'll steal money from U.S. memory names. Micron, Marvell, Intel — all bleeding. |
Jefferies says relax. The memory rally's not done. These stocks didn't rip 760% since 2023 because of vibes. |
Don's sorting through what actually matters and what's just panic. |
Join him here at 9:20 am ET. |
— The TheoTrade Team |
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