KIOXIA is trading at ¥49,510 (-8.82%) as the stock faces profit-taking following a significant recent run-up in the memory-chip sector.
- The decline follows a sharp selloff from the prior session’s close of ¥52,090.
- The stock has seen intense volatility over the last week, swinging between a low of ¥38,380 and a high of ¥54,550.
- No company-specific news was released to explain the move, suggesting the drop is a correction following the stock's recent upside.