🔴 DRAM 2X ETF (RAM) is trading 2.5% down today as investors take profits after five advances

RAM is trading at $14.97, down 2.48% on September 23, 2026, as investors take profits after five consecutive advances totaling approximately 33%.

• The pullback reflects short-term mean reversion, not a deterioration in the memory-chip outlook.
• The sector remains supported by AI-driven HBM demand and Rosenblatt’s Buy initiation on SanDisk with a $2,400 target, which previously lifted memory peers and the broader DRAM group.