U.S. Stocks’ Pre-Market Storage and Optical Communications Shares Rise Broadly
BIBIBI
AT A GLANCE
U.S. pre-market storage and optical communications shares broadly rose, with Micron up 0.61%。
Article
U.S. stocks’ pre-market storage and optical communications shares rise broadly
BlockBeats reports,October 1, according to BIT(bit.com) market data, before the U.S. market open, storage shares rose broadly, with Micron Technology up 0.61%, as Micron’s Q4 revenue increased nearly fourfold year over year and its Q1 guidance exceeded expectations;SK SK hynix rose 1.54%, SanDisk rose 1.81%, and Western Digital rose 0.88%.
Optical communications shares broadly rose, with Lumentum up 1.72%, and Corning up 1.46%.
Original link https://m.theblockbeats.info/flash/369906
Key points
01
BIT Market data showed that storage shares rose broadly before the U.S. market open.
02
Micron Technology rose pre-market 0.61%；SK SK hynix rose 1.54%; SanDisk rose 1.81%; Western Digital rose 0.88%。
03
The report said that Micron’s Q4 revenue increased nearly fourfold year over year and that its Q1 guidance exceeded expectations.
04
Optical communications shares broadly rose, with Lumentum up 1.72%, and Corning up 1.46%。
05
The information was published by BlockBeats; the original article stated that the data came from BIT(bit.com) market data.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Pre-market trading is the trading period before the official opening of the U.S. stock market. The article shows that multiple storage- and optical-communications-related stocks rose during this period; Micron’s revenue growth and quarterly guidance are mentioned as relevant news background.
Why it matters to readers
If the pre-market gains continue, they may reflect short-term market attention to the storage and optical communications sectors; however, pre-market performance does not equate to the performance after the official market open.
This is a sector performance news item that helps beginners understand the relationship between individual stock movements, pre-market trading, and company earnings guidance.
Risks and unknowns
The available evidence clearly shows only pre-market gains and does not describe performance after the official market open.
The original article did not provide links to the exchange’s original data or corporate announcements.
It is not clearly stated how Micron’s revenue growth and guidance affected the share prices of other companies.
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Related concepts
pre-market trading
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