TradingKey – As of the Tokyo stock market close on September 24, Kioxia Holdings (285A) stood at 54,580 yen (approximately $345.62), up 0.02%, down about 51.6% from its year-to-date high of 112,700 yen set on June 22. NAND prices, data center SSD demand, and second-quarter financial results are the main factors influencing the company’s subsequent valuation.

[Source: TradingView]

Kioxia will implement a 3-for-1 stock split with September 30 as the record date, taking effect on October 1, with split-adjusted shares trading from September 29.

Calculated statically based on the September 24 closing price, the post-split reference price per share is approximately 18,193 yen. The stock split will not directly alter the company’s market…