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AI-Linked Stock Perpetuals Rebound After Drops of Up to 7.03%

The 10-minute move ran from 5:22 to 5:32 p.m. ET Saturday, Oct. 17 (21:22–21:32 UTC); all nine contracts later stood above their lows.

Steel markers descend then rebound across a silicon wafer / TokenPost.ai
Steel markers descend then rebound across a silicon wafer / TokenPost.ai

Perpetual contracts tied to nine companies fell between 3.50% and 7.03% over a 10-minute stretch Saturday, Oct. 17, before all nine rose from their lows.

The move took place from 5:22 to 5:32 p.m. ET Saturday, Oct. 17 (21:22–21:32 UTC). The Western Digital (WDC) contract fell 7.03% to $298.70, then rebounded to $318.65. Nebius (NBIS) dropped 6.97% to $155.12 and later stood at $165.29; Applied Optoelectronics (AAOI) fell 6.93% to $70.52 and later stood at $74.28.

IREN contracts fell 6.92% to $25.17 and later stood at $26.63. Micron (MU) contracts fell 6.32% to $818.57 before reaching $864.76, while SK Hynix (SKHY) contracts dropped 6.30% to $127.68 and later traded at $135.14.

Sandisk (SNDK) contracts dropped 6.10% to $1,215.35 and later traded at $1,269.35. CoreWeave (CRWV) fell 5.87% to $57.55 before reaching $60.40, and SpaceX (SPCXUSDT) declined 3.50% to $140.46 before reaching $145.14.

Enna Lee

Reporter

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

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