Micron Falls 5%, SanDisk Drops 7%, but Western Digital Climbs 6%
Shares of Micron (MU), down 5%, and SanDisk (SNDK), down 7%, retreated after significant year-to-date gains, while Western Digital (WDC) rose 6%. The divergence is attributed to structural rotation as WDC's HDD business avoids NAND pricing pressures due to its February 2025 divestiture of SanDisk.
Topics: divestiture impact memory market NAND/DRAM pricing sector rotation