/Computer%20board%20micro%20chip%20green%20by%20blickpixel%20via%20Pixabay.jpg)
SanDisk (SNDK) shares closed meaningfully lower on May 12 amid a selloff across many memory and semiconductor names.
Investors also bailed on Micron Technology (MU) and Western Digital (WDC), reinforcing that weakness in SNDK was mostly related to profit-taking, not company-specific fundamental deterioration.