DRAM ETF Outflows Surge as the Memory Stocks Remain in a Bear Market
The viral Roundhill Memory ETF (CBOE: DRAM) is losing momentum as its outflows jump. Its top constituent companies also remain in a technical bear market, having fallen more than 20% from their highest levels this year. It ended the week at $59.10, down by 27% from its highest point this year. DRAM ETF Outflows are Ris