Key Highlights

  • Meta Platforms CDR (CBOECA:META) traded at CAD 40.48 in midday trading on October 13, 2026, up 6.41% on 491.95 thousand shares, 1.13 times average volume, with a published market value of CAD 2.7 trillion.
  • Sandisk CDR (CBOECA:SNDK) traded at CAD 34.79 in midday trading on October 13, 2026, down 9.28% on 604.81 thousand shares, 0.79 times average volume, with a published market value of CAD 307.17 billion.
  • Applied Materials CDR (CBOECA:AMAT) traded at CAD 50.85 in midday trading on October 13, 2026, down 9.20% on 12.38 thousand shares, 0.25 times average volume, with a published market value of CAD 564.22 billion.
  • Published market values for the three receipts, CAD 2.7 trillion, CAD 307.17 billion and CAD 564.22 billion, belong to the underlying US companies, and the price to earnings fields mix currencies, so none describes the receipts.

Meta Platforms CDR (CBOECA:META): Up 6.41% After the Holiday

Meta Platforms CDR (CBOECA:META) is a Canadian Depositary Receipt, a wrapper issued in Canada that gives exposure to Meta Platforms shares in Canadian dollars. The receipt is hedged against changes between the US and Canadian dollars, so its return follows the US share price, not currency moves, and it trades on the Cboe Canada exchange. Published valuation fields, such as the price to earnings ratio of 1.10, mix a Canadian price with US earnings and should be ignored. The CAD 2.7 trillion market value is that of the underlying company. Price, volume and market value are taken from published market data at midday on October 13, 2026, and should be checked against an official exchange quote. The Meta Platforms CDR (CBOECA:META) rose 6.41% to CAD 40.48 as it caught up with a 3.4% US gain on the Muse Wonder launch while Toronto was closed for Thanksgiving. The Toronto market was closed on October 12, 2026 for the Thanksgiving holiday, while US markets traded. Meta shares rose about 3.4% that day on the launch of Muse Wonder, with plan pricing reported but not confirmed. The receipt therefore had to catch up on October 13, and its 6.41% gain is larger than the US move, so some extra buying or US trading on October 13 also contributed. That extra part is not verified. No Canadian-specific news was found.

Sandisk CDR (CBOECA:SNDK): Down 9.28% in a Memory Selloff

Sandisk CDR (CBOECA:SNDK) is a Canadian Depositary Receipt that gives Canadian dollar exposure to Sandisk shares, hedged against changes between the US and Canadian dollars, and it trades on the Cboe Canada exchange. Its return follows the US share price, not currency moves. Published market value and valuation fields describe the underlying company and mix currencies, so they are not reliable for the receipt. A CDR is not a share, and the hedge has a cost, so tracking can differ slightly from the US line. Price, volume and market value are taken from published market data at midday on October 13, 2026, and should be checked against an official exchange quote. The Sandisk CDR (CBOECA:SNDK) fell 9.28% to CAD 34.79 as memory chip stocks sold off on reported oversupply fears, with the US shares down about 6% to 7% before the open. On October 13, 2026 memory chip makers fell sharply. Sandisk shares traded down about 6% to 7% before the US open, and Samsung Electronics fell about 7.39% in Korea, with commentary tying the move to a Chinese memory maker's expansion and fears of oversupply. That cause is reported, not confirmed by the companies. The receipt fell 9.28% by midday, more than the premarket US move, which suggests US losses deepened or the receipt caught up after the Canadian holiday closure on October 12. Company filings are the only authoritative record of corporate events, so each point here should be checked there.

Applied Materials CDR (CBOECA:AMAT): Down 9.20% on Chip Sector Fears

Applied Materials CDR (CBOECA:AMAT) is a Canadian Depositary Receipt that gives Canadian dollar exposure to Applied Materials shares, hedged against changes between the US and Canadian dollars, and it trades on the Cboe Canada exchange. The receipt's return follows the US share price, and the hedge has a cost. Published valuation fields describe the underlying company and mix currencies. Volume in the receipt is very low, so a quoted fall can overstate the move in the US shares or lag it. Price, volume and market value are taken from published market data at midday on October 13, 2026, and should be checked against an official exchange quote. All figures are from published market data for the midday of October 13, 2026 and may differ from the official close. The Applied Materials CDR (CBOECA:AMAT) fell 9.20% to CAD 50.85 on thin volume amid a reported memory chip selloff, with no company-specific catalyst found. On October 13, 2026 memory chip stocks sold off, with Sandisk's US shares down about 6% to 7% before the open and Samsung Electronics down about 7.39%, with commentary citing a Chinese memory maker's expansion. That cause is reported, not confirmed. Memory makers are large customers for deposition and etching equipment, so concerns about their capital spending can weigh on suppliers such as Applied Materials. No Applied Materials announcement dated October 13 was found, and the size of the US move was not verified. Company filings are the only authoritative record of corporate events, so each point here should be checked there.

Where Things Stand

The answer is that the receipts follow US shares, which moved for reported reasons, so the Canadian quotes are derivative of US trading and not of any Canadian news. Meta Platforms CDR (CBOECA:META) rose 6.41% as it caught up with a 3.4% US gain on the Muse Wonder launch while Toronto was closed on October 12. Sandisk CDR (CBOECA:SNDK) fell 9.28% in a reported global memory selloff. Applied Materials CDR (CBOECA:AMAT) fell 9.20% on thin volume, likely on chip sector fears, though no company-specific catalyst was found. The receipts hedge currency, so US share moves drive them, and a US earnings season in late October will matter next.