U.S. Storage Stocks Slide as SK Hynix and SanDisk Drop More Than 3%

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Micron Technology fell more than 2% as U.S. stock indexes opened mixed Monday.

By Enna Lee

Published Oct 12, 2026, 9:38 AM EDT

SK Hynix and SanDisk fell more than 3% in early U.S. trading Monday, leading declines among storage stocks as the broader market opened mixed.

Micron Technology declined more than 2% at 9:31 a.m. ET (13:31 UTC). The Nasdaq Composite was down 0.05% at that time.

The Dow Jones Industrial Average rose 0.17%, while the S&P 500 gained 0.03%.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.