from24/7 Wall St.
17 hours agoSanDisk Soars 9%, Western Digital Rallies 5%, Micron Rises 3% as Memory Trade Reawakens
Memory stocks are bouncing hard at midday on Thursday after a punishing week for the sector. SanDisk ( NASDAQ:SNDK | SNDK Price Prediction) shares are up 9%, Western Digital ( NASDAQ:WDC) stock is higher by 5%, and Micron Technology ( NASDAQ:MU) shares are advancing 3%. The rebound follows a brutal five sessions in which each of the three was down between 4% and 9%. SNDK stock had slipped 4% over the past week, WDC shares had dropped 7%, and MU stock had given back 9% heading in.
Tech industry