wesfx
06-04

Analysts have identified a potential "climactic top" signal in the memory sector, suggesting the stock might be overextended.

SanDisk Drops 13.5% — Has the Earnings Beat Stopped Working?
SanDisk closed down 13.47% on Friday at $1,150.89. Fiscal Q1 results beat expectations, but the market quickly moved on to questioning how durable those profits are. Kioxia says NAND price momentum is fading — a mixed signal against the company's account of customers locking in long-term supply. Can demand resilience outweigh the risk that the price cycle has peaked?
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