SanDisk (NASDAQ:SNDK) shares have plunged roughly 50% from their peak this year as the memory chip sector has come under intense selling pressure. The Roundhill Memory ETF (CBOE: DRAM), a benchmark for the industry, has also retreated about 40% from its year-to-date high.
Investors are now looking to the company’s upcoming earnings report for signs that the stock is ready to stage a recovery.
