Movement Alert|Roundhill Memory ETF Falls 5.03% in Regular Trading, Storage Concept Stocks Broadly Decline Dragging Down Sector

Market Focus07-15

On July 15, Roundhill Memory ETF (DRAM) fell 5.03% in regular trading, trading at $58.085/share, with turnover of $1.536 billion.

On the news front, U.S.-listed storage concept stocks declined broadly at the open, with core holding SK Hynix falling over 8%, SanDisk dropping over 4%, and Micron Technology and Western Digital each sliding over 2%, collectively weighing on the ETF. Meanwhile, A-share storage chip names were also under pressure — Deming Li hit limit down despite forecasting first-half net profit surging approximately 50-fold year-over-year, as investors focused on a sequential decline in second-quarter earnings, further dampening global storage sector sentiment.

The ETF had rebounded over 6% in the prior session following a sharp selloff triggered by a Korean brokerage downgrading SK Hynix earnings estimates. The rapid reversal highlights intense short-term bull-bear tug-of-war amid broader concerns over peak cycle dynamics in the memory industry.

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