- Sandisk (NasdaqGS:SNDK) has been hit by a sharp multi day selloff alongside memory and semiconductor stocks.
- The share price has fallen about 25% from recent highs, including a decline of 14.9% over the past week.
- The move follows sector wide profit taking and news that competitors are planning to expand memory supply.
Sandisk comes into this pullback after an exceptional run, with the stock up 11.9% over the past month and more than 7x year to date, closing at $1,744.43. The current drop appears tied to a broad rotation out of AI exposed memory stocks and headlines around Samsung and SK Hynix supply plans, rather than new company specific issues. For investors tracking NasdaqGS:SNDK, the key question is how much of the recent swing…






