Why Sandisk Stock Finally Popped Today

Why Sandisk Stock Finally Popped Today

AI predictions hurt Sandisk this week -- but all of a sudden, a new theory has investors excited again.

Is SanDisk stock crash over as SNDK turns most oversold in 15 months?

After sustaining its staggering 7,000% rally to $2,354.39 for approximately a year, SanDisk (NASDAQ: SNDK) stock began a plunge in late June that took it roughly 57% lower and to $1,015.89 by the July 29 closing bell. The massive rise and the steep plunge simultaneously ensured that the equity’s SNDK relative strength index (RSI) moved, in just over ona months, between two opposite extremes.  Specifically, SNDK shares became the most overbought …