Sandisk (SNDK) Stock Slips as Memory Sell-Off Drags On – Time to Buy?
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TLDR Sandisk (SNDK) stock fell about 3% on Tuesday, touching an intraday low near $826 to $839 depending on the source. The stock is roughly 65% below its June record of $2,354.39. Counterpoint data put Sandisk’s NAND revenue share at 11%, down from 13%, while YMTC reached 14%. Sandisk beat third-quarter earnings estimates with $49.51 per share on $11.03 billion in revenue. An 8-for-1 stock split takes effect Friday, November 20. Sandisk (SNDK) stock dropped about 3% in Tuesday trading. It last changed hands at $859.99 after closing the prior session at $886.51. Sandisk Corporation, SNDK The intraday low depends on which report you read. One put it at $826.67, while another cited $839.41. Volume ran a bit light.
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