🔴 Memory Equity ETF (RAM) is trading 2.3% down in pre-market as overnight U.S. memory weakness weighs

RAM is trading at $12.95 with a -2.26% change as overnight weakness in U.S. memory peers weighed on South Korean memory-heavyweights SK Hynix and Samsung.

• The DRAM ETF fell 3.5%.
• Pressure is concentrated in memory stocks rather than a broad selloff; Asian markets were mixed, and the supplied U.S. futures snapshot was also mixed ahead of the open.
• RAM targets 2x the daily return of the memory-focused DRAM ETF, amplifying sector moves.