Why Sandisk Stock Crashed on Monday
China is taking aim at memory stock profits, and Sandisk could be the next target.
Overview
Sandisk (NASDAQ: SNDK) stock crashed 11.7% through 1:10 p.m. ET Monday, and it's not hard to guess why:
The Chinese are coming to crash the semiconductor memory chip party.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.