🔴 RAM ETF (RAM) is trading 14.89% down as 2× leverage amplifies memory-stock losses

RAM is trading at $8.16 (-14.89%) as its 2× daily exposure to memory-stock ETF DRAM amplifies sector losses.

• Hotter September CPI came in at 3.7% year over year, versus 3.6% forecast, stoking rate concerns and weighing on technology stocks.
• Memory shares also faced pressure as China’s CXMT advanced DRAM technology and targeted server-memory products, raising competition concerns.