🟢 DRAM ETF (RAM) is trading 3.19% up in after-hours trading on SK Hynix’s buyback announcement

RAM is trading at $12.44, up +3.19% after SK Hynix announced a 40 trillion-won ($28.6 billion) buyback and cancellation program.

• Repurchase begins August 20, 2026, covering approximately 3.3% of shares.
• Memory-chip stocks rebounded, lifting RAM’s underlying DRAM basket.
• RAM targets 200% daily exposure to global memory stocks, amplifying sector moves. The catalyst offset earlier semiconductor weakness from elevated Treasury yields, AI-demand concerns and valuation pressure. The broader market was modestly positive, but the memory-sector catalyst was the stronger explanation for the after-hours gain.