🔴 2x Long DRAM ETF (RAM) is trading 13% down today amid global memory-stock selloff

RAM is trading at $10.37 (-12.96%) on August 6, 2026, as global memory stocks sell off sharply.

• SanDisk and Western Digital issued forecasts that exceeded estimates but disappointed investors expecting stronger results, intensifying concerns about elevated AI-spending expectations.
• The pressure spread across RAM’s underlying DRAM sector: SK Hynix fell more than 8%, Samsung nearly 6%, and the KOSPI dropped over 4%.
• RAM’s 2x daily leverage amplifies this broad sector decline.