🔴 DRAM ETF (RAM) is trading 3.14% down in pre-market as Brent crude rose above $100

RAM is trading at $14.18, down -3.14% in pre-market as escalating U.S.-Iran tensions drove Brent crude above $100 and weakened global risk sentiment.

• Higher energy prices and elevated Treasury yields are pressuring growth-oriented technology shares, while U.S. equity futures remain mixed.
• Because RAM provides approximately 2x daily exposure to DRAM, the sector’s pullback is amplified.
• AI-related memory demand and tight DRAM supply remain supportive longer term, but near-term macro pressure dominates.