SanDisk Corporation Shares Drop 19% Amid Broad Technology Sector Selloff
Shares of SanDisk Corporation (SNDK) experienced a significant decline on Thursday, falling more than 19%. During the final hour of trading, the stock price dropped nearly $200.20, settling at approximately $836.51. The sharp decrease in SanDisk's valuation occurred against the backdrop of a wider selloff affecting the technology sector. As a standalone company specializing in NAND flash memory and storage, SanDisk's performance reflected broader market volatility within its industry.
Tickers: $SNDK
Topics: NAND flash memory stock price drop technology sector selloff