Why Sandisk Stock Finally Popped Today
AI predictions hurt Sandisk this week -- but all of a sudden, a new theory has investors excited again.
Overview
Is Sandisk (NASDAQ: SNDK) stock just a momentum stock now?
It really feels like it lately. After falling nearly 37% over the past four trading days, shares of the NAND semiconductor memory stock exploded this morning, surging 21.5% through 10 a.m. ET.
Details
Competing "narratives" about what's going on in artificial intelligence may be the reason.
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.