Why Is SandiskStock Still Dropping?
Sandisk (NASDAQ:SNDK) stock fell for a fourth straight day Thursday, continuing a rout that began with a CXMT announcement Monday that the Chinese DRAM company has invented “4F square” technology to increase DRAM storage density — and will soon be coming for Sandisk’s market share.
Sandisk stock is down 8.1% as of 9:50 a.m. ET, and down 18% so far this week.
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