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Markets · Investing · Business
Finance
Why Sandisk Stock Popped, Then Dropped Today
Uh oh. Mizuho just started cutting estimates on Sandisk.
Sandisk (NASDAQ: SNDK) stock got off to a great start Tuesday, bouncing back nearly 5% after yesterday's China-inspired sell-off -- but it didn't last.
Shares of the NAND flash memory-maker reversed course later in the morning, even dipping into the red. As of 12:05 p.m. ET, Sandisk stock is still up from yesterday's close -- but only 1%.
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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.
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