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MarketBeat

Sam Quirke

SanDisk’s Volatility May Be Telling Bulls What They Want to Hear

SanDisk Bank of America SNDK

Not many stocks in the market can boast the kind of 10-day stretch SanDisk Corporation (NASDAQ: SNDK) has had. Between June 22 and June 24, shares of the memory and storage giant dropped a full 20% from an intraday high to an intraday low, only to snap back with a 24% single-session pop the very next day.

Just a few days later, the stock dropped another 18% over two sessions, before bouncing back 19% between June 29 and June 30. And then yesterday, shares slumped another 10%, leaving them trading around $2,032.

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