🔴 DRAM 2X ETF (RAM) is trading 2.46% down in pre-market as Treasury yields rise above 5.1%

RAM is trading at $14.11 (-2.46%) in pre-market as risk-off trading and higher Treasury yields pressure semiconductor stocks.

• The September 23, 2026 pullback extends a decline after five advances totaling roughly 33%, indicating profit-taking and short-term mean reversion.
• Strong U.S. PMI data pushed the 10-year Treasury yield above 5.1%, raising rate concerns for growth stocks.
• Micron, a key memory-sector bellwether, also pulled back despite bullish DRAM supply commentary.