The Roundhill Memory ETF (CBOE: DRAM) has staged a cautious rebound in the past few days, moving from this month’s low of $44.4 to $50.3. This rebound happened after Ken Griffin’s Citadel came to the rescue of Leopold Aschenbrenner’s Situational Awareness hedge fund. Analysts Warn that Rout in Memory Stocks May Not be OverDRAM ETF jumped as investors moved to buy the dip after the Citadel rescue. Still, despite this, analysts are cautioning that the selling in memory stocks may not be over. In a statement, a top analyst from Academy Securities said:
"Taking the seller out of the market helped, but there is so much money in this space that is leveraged. I think we’re going to start seeing some selling pressure again in the next two weeks."
