SNDK, AXTI-Linked Contracts Fall More Than 10% in 24 Hours

Contracts tied to U.S. semiconductor stocks SNDK and AXTI each fell more than 10% in a 24-hour snapshot Wednesday evening, showing sharp losses in crypto-traded stock exposure.

At 7:05 p.m. ET Nov. 4 (00:05 UTC Nov. 5), SNDK-linked contracts traded at 1,020.62 USDT, down 10.3% over 24 hours. AXTI-linked contracts were quoted at 47.03 USDT, down 10.1% over the same period.

A Nov. 2 AXTI- and ALAB-linked contract snapshot covered a different 24-hour window. The later snapshot also included SNDK and captured a separate 24-hour window.