Sandisk falls 7.2% in chip selloff days before 8-for-1 split
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Sandisk (NASDAQ:SNDK) shares fell 7.2% to $869.98 as of 10:05 a.m. ET in Friday's regular session on November 13, extending the previous session's losses as chip shares sold off after Nvidia's leadership change. Split-adjusted trading…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishSandisk's decline follows the chip selloff after Nvidia's leadership change.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Sandisk shares fell 7.2% to $869.98.
- 02Split-adjusted trading begins on November 20.
- 03Fiscal first-quarter revenue rose 378% to $11.03 billion.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets