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SpaceX Falls 3.58% in US Premarket; Memory Stocks Rise

Source
Minseung Kang
Photo: Bloomingbit
Photo: Bloomingbit

SpaceX (SPCX) fell in U.S. premarket trading, while memory stocks moved broadly higher.

BlockBeats reported on June 22 that SpaceX was down 3.58% ahead of the U.S. market open.

Memory stocks were mostly higher at the same time. Seagate (STX) rose 2.82%, Western Digital (WDC) gained 4.19%, SanDisk (SNDK) advanced 3.3% and Micron (MU) climbed 2.84%.

The moves suggest some profit-taking in SpaceX after its recent rally, while memory stocks drew support from expectations for a recovery in semiconductor demand.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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