Memory Stocks Slide as Rates and Oil Swamp JPMorgan's Overweight Call: SK Hynix Sinks 5%, Western Digital Drops 3%, Micron Slips
Why now
Thesis: Rates and oil pressure high-multiple memory stocks
Catalyst to watch: Yield and oil price direction
Main risk: Analyst call fails to support prices
Why it matters
Rising yields and oil prices are pressuring high-multiple memory names, overshadowing a bullish analyst call. Higher rates raise discount rates for growth stocks while oil strength feeds inflation concerns.
Sources
- googlenews · news.google.com · 2026-09-10 13:22 UTC
- googlenews · news.google.com · 2026-09-10 13:22 UTC