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SanDisk (SNDK) Leads Tech Losers With Double-Digit Decline
Insider Monkey33d agoneutral
SanDisk (SNDK) Leads Tech Losers With Double-Digit Decline

SanDisk Corp. (NASDAQ:SNDK) is one of the 10 Stocks Investors Are Running Away From. SanDisk snapped a three-day winning streak on Tuesday, slashing 12.63 percent of its value to close at $1,673.97 apiece, after a heavy selloff in the wider market, thanks to the re-escalating tensions between the US and Iran. Investors appeared to have […]

Why Micron (MU) Shares Are Sliding Today
StockStory33d agoneutral
Why Micron (MU) Shares Are Sliding Today

Shares of memory chips maker Micron (NASDAQ:MU) fell 4.6% in the afternoon session after investors took profits following the chip sector's strong rally in the first half of the year as Middle East tensions escalated.

Jim Cramer Highlights Analyst Rating as the Reason for Sandisk Rally
Insider Monkey34d agobullish
Jim Cramer Highlights Analyst Rating as the Reason for Sandisk Rally

Sandisk Corporation (NASDAQ:SNDK) was among Jim Cramer’s stock calls on Mad Money, as he advised investors to stick with the largest tech companies in the market. Cramer highlighted how the company’s rally got triggered. He remarked: Now, today was one of those days where the complex of Micron, Seagate, Lumentum, Corning, Western Digital, and Sandisk […]

Sandisk Just Had Its Price Target More Than Doubled by This Analyst. Why the Stock Is Falling.
Barrons.com34d agobearish
Sandisk Just Had Its Price Target More Than Doubled by This Analyst. Why the Stock Is Falling.

Sandisk stock has been in a bit of slump lately but analysts are still in love with the memory storage play, perhaps even more so than ever. The shares, which have slumped 16% to $1,915 in July, got a new $3,100 price target from Evercore ISI analyst Amit Daryanani in a note Sunday, up from $1,400. Investors were still underappreciating Sandisk Monday as the stock fell around 5% ahead of the open.