$SNDK $MU AI storage stocks fall sharply as leveraged longs get massively liquidated


Hit by news of Meta business adjustments, last night’s AI hot stocks fell across the board, and long positions in stock futures were liquidated in a crowd.
Over the past 12 hours, Hynix was liquidated by more than 7 million, SNDK by over 3 million, and the DRAM ETF by 5.67 million. AI leveraged ETFs were also cleared in large amounts, and the longs who chased leverage were heavily washed out.
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SNDK-9.82%
MU-9.31%
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