Micron and Sandisk Drop; SpaceX Rating; Crinetics Soars
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Micron (MU) and Sandisk (SNDK) are both lower off of Samsung news. Samsung's quarterly profit surged, prompting investors to cash out of a near-150% rally this year that had baked in the AI-fueled growth. Revenue more than doubled to 171 trillion won, and analysts expect memory shortages to last through 2027 at least, giving Samsung and rivals enormous pricing power. But the company’s shares slid more than 10% in Seoul, leading a plunge in the benchmark Kospi that triggered a brief circuit-breaker…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.