🔴 KIOXIA is trading 4.62% down today after disappointing guidance from SanDisk and Western Digital

KIOXIA is trading at ¥46,490, down -4.62%, after weakness across Japanese and South Korean memory-chip stocks triggered selling.

• Profit-taking and contagion from SanDisk and Western Digital pressured the sector following disappointing guidance.
• Japanese equities were only modestly lower, making the broader market a limited driver.
• The decline extends KIOXIA’s recent volatility after its strong earnings-driven rally.