AI-Linked Stock Perpetuals Rebound After Drops of Up to 7.03%

Perpetual contracts tied to nine companies fell between 3.50% and 7.03% over a 10-minute stretch Saturday, Oct. 17, before all nine rose from their lows. The move took place from 5:22 to 5:32 p.m. ET Saturday, Oct. 17 (21:22–21:32 UTC). The Western Digital (WDC) contract fell 7.03% to $298.70, then rebounded to $318.65. Nebius (NBIS) dropped 6.97% to $155.12 and later stood at $165.29; Applied Optoelectronics (AAOI) fell 6.93% to $70.52 and later stood at $74.28. IREN contracts fell 6.92% to $25.17 and later stood at $26.63. Micron (MU) contracts fell 6.32% to $818.57 before reaching $864.76, while SK Hynix (SKHY) contracts dropped 6.30% to $127.68 and later traded at $135.14. Sandisk (SNDK) contracts dropped 6.10% to $1,215.35 and later traded at $1,269.35.

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