The Roundhill Memory ETF (CBOE: DRAM) has lost momentum in the past four weeks. After peaking at $81.35 on June 22nd, it has slipped by 35% to the current $53.20.
Even so, investors have continued to allocate cash to the fund, hoping that most memory stocks will rebound. The fund has had over $10 billion in inflows in the last 30 days, bringing its assets under management to $23 billion. This article looks at the top 3 DRAM stocks to watch this week.
DRAM ETF inflows | Source: ETF Db
Samsung Secured a $200 Billion Deal From Broadcom
Samsung Electronics, the second biggest constituent in the DRAM ETF, will be in the spotlight this week after it inked a large deal with Broadcom (NASDAQ:AVGO).
