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Barchart
Barchart
Wajeeh Khan

SNDK Stock Alert: SanDisk Falls Amid Broader Chip Pullback

SanDisk (SNDK) shares closed meaningfully lower on May 12 amid a coordinated selloff across the entire memory and semiconductor names. 

Investors also bailed on Micron Technology (MU) and Western Digital (WDC) today, reinforcing that weakness in SNDK was mostly related to profit-taking, not company-specific fundamental deterioration. 

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