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Rambus just shed nearly 30% from its June peak while two major Wall Street firms initiated coverage with aggressive buy ratings. Before the July 27 earnings report arrives, here is what the disconnect reveals about the AI memory trade.
Rambus Inc. (NASDAQ:RMBS) is one of the 10 Stocks Reeling From Huge Losses. Rambus dropped for a second day on Tuesday, slashing 21.17 percent to close at $111.27 apiece, as investors took path from an investment firm’s rating downgrade amid the ongoing shortage of memory products. In a market note, Baird downgraded its rating for […]
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