Storage Stocks Plunge: Kioxia Sees Six Days of Over 10% Drops in July, SK Hynix Four Times

On July 28, Kioxia faced another significant decline, with its stock price plummeting approximately 17% in the early trading session. If this drop persists until the market closes, it will mark the sixth day in July that the stock has seen a decline of over 10%. An exchange, on the other hand, has recorded a drop of 10% or more for the fourth time this month. While its performance is relatively better, this situation is certainly not reassuring for investors who were fervently chasing various AI concept stocks just a few weeks ago.