DISK is trading 7.91% down now at $28.74 as memory-sector selling continues amid competition concerns linked to CXMT’s denser DRAM design and plans to target server memory.
- The decline followed pre-market losses.
- Hotter-than-expected U.S. inflation revived rate-hike concerns, while global chip stocks sold off.
- Available information points to sector and macro pressure, not a DISK-specific announcement.