US Stock Market Move | Storage concept stocks rise before trading, SanDisk (SNDK.US) up nearly 8%

21:48 12/02/2026

On Thursday, storage concept stocks rose across the board before the market opened, with SanDisk (SNDK.US) rising nearly 8%.

On Thursday, storage concept stocks rose before the market, with SanDisk (SNDK.US) up nearly 8%, Western Digital Corporation (WDC.US), Micron Technology, Inc. (MU.US), and Seagate Technology Holdings PLC (STX.US) up over 4%. TrendForce analysts stated that in the fourth quarter of 2025, the contract prices of various types of DRAM have generally increased by more than 40%, and there has been a significant increase in contract prices since the first quarter of 2026. Among them, the imbalance between supply and demand in the DDR4 market is particularly prominent, with further acceleration in price increases in the first quarter of 2026, and prices are expected to continue to rise in the second quarter.

BINGO GROUP (08220) is expected to receive a discount of approximately 91.79% from Stephen Chow for a full acquisition offer.

Shenzhen Woer Heat-shrinkable Material (09981): Priced at HK$20.09 per share, the Hong Kong public offering was oversubscribed 569.58 times.

FLOWING CLOUD (06610) issues a profit warning. It is expected to incur a pre-tax loss of approximately 3.63 billion yuan in the fiscal year 2025, representing a significant increase year-on-year.

BINGO GROUP (08220) is expected to receive a discount of approximately 91.79% from Stephen Chow for a full acquisition offer.

Shenzhen Woer Heat-shrinkable Material (09981): Priced at HK$20.09 per share, the Hong Kong public offering was oversubscribed 569.58 times.

FLOWING CLOUD (06610) issues a profit warning. It is expected to incur a pre-tax loss of approximately 3.63 billion yuan in the fiscal year 2025, representing a significant increase year-on-year.