Kioxia's share price has been highly volatile after the strong earnings announcement, with share buybacks and a stock split cited as buying catalysts, while sell signals have also been reported. It reportedly fell overnight and rose on 3 August.
Kioxia's share price reportedly moved sharply following the strong earnings results, with share buybacks and a stock split cited as buying catalysts.
However, sell signals have also been noted, and the stock was reported to have fallen in overnight trading before rising again on 3 August.
Against this backdrop, the article presents the view that a major market move lies ahead.