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SK Hynix fell more than 8%, with several stocks in the memory sector seeing corrections of more than 40% during this round
Svmuu News: According to data from MSX.COM, the U.S. storage sector continues to correct. As of this writing, Micron. is down 5.48%,Western Digital was down 8.03%, Seagate Technology was down 8.02%, SanDisk was down 9.70%, Kioxia ADR was down 11.28%, and SK Hynix was down 8.46%.Calculations show that several storage stocks have already declined by more than 40% during this correction: Western Digital is down 41%, SK Hynix is down 38.3%, and Kioxia ADR is down 47.9%.
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