business
Why Did Sandisk Stock Drop Today?
Key takeaways
- WDC SNDK NVDA INTC Sandisk (NASDAQ: SNDK) stock fell 6.1% through 11:25 a.m.
- Curiously, Western Digital stock is also down today, though, which suggests not all investors may be thinking logically here.
- Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need.
WDC SNDK NVDA INTC Sandisk (NASDAQ: SNDK) stock fell 6.1% through 11:25 a.m. ET Monday on some potentially worrisome news from its former parent company Western Digital (NASDAQ: WDC), which announced today it is working hard to develop "post-quantum cryptography hard drives" for a world where AI has become ubiquitous, and need for NAND memory less intense.
Curiously, Western Digital stock is also down today, though, which suggests not all investors may be thinking logically here.
Will AI create the world s first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop