🔴 Memory Equity ETF (RAM) is trading 2.9% down as memory and semiconductor shares retreat

RAM is trading at $13.82 (-2.91%) as memory and semiconductor shares slipped in premarket after a sharp start-of-October rally.

• Micron, SanDisk, AMD and Intel were under pressure, while Nvidia remained higher.
• The broader tape is firmer, so a general market selloff does not appear to explain RAM’s decline.
• RAM’s 200% daily-return target can magnify moves in its memory-stock exposure.