Sandisk Stock Rebounds After Wall Street Report Sparks Initial Sell-Off
Following a sell-off on concerns over declining demand for computer memory, Sandisk stock rebounded sharply. The report from Wall Street banker Bernstein highlighted supply shortages and potential price deceleration in the third quarter of CY26 but still maintained that Sandisk is a buy due to competitive bidding among buyers.
Topics: Bernstein report memory prices NAND market demand Sandisk