Why Sandisk Stock Jumped 34% in June
4 Articles
4 Articles
SanDisk shares crash 10% as AI chip selloff spreads to memory stocks
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Sandisk (NASDAQ:SNDK) shares slide as memory bull cash-flow hopes tested
MILPITAS, California, July 7, 2026, 10:06 PDT Sandisk (NASDAQ:SNDK) dropped roughly 8.5% in morning Nasdaq trading. This came after Samsung Electronics (KRX:005930) issued record Q2 guidance, then shares slid in Seoul. (Samsung Global Newsroom) Investors are now watching cash durability. Sandisk’s latest filing listed $41.6 billion in remaining performance obligations, about seven times its Q3…
Why Sandisk Stock Just Crashed
Afte starting the week strong, Sandisk (NASDAQ: SNDK) stock hit a pothole on Tuesday, plummeting 9.8% through 10:05 a.m. ET. Blame Samsung for that. Korea sends the semi market south South Korean technology giant Samsung reported its Q2 2026 earnings last night. The news was objectively good --…
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