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Movement Alert|SanDisk Corp. Falls 3.72% in Regular Trading, Storage Stocks Come Under Pressure Again

Market Focus11-03 01:47

On November 3, SanDisk Corp. fell 3.72% in Regular Trading, trading at $1107.23 per share, with turnover of $6.053 billion.

The move aligns with renewed weakness across storage names after a brief technical rebound. Recent market updates indicated that Seagate Technology and Western Digital also came under pressure again, while the group remained constrained by softer guidance commentary from Kioxia and continued volatility in storage-sector sentiment.

Background developments were mixed. SanDisk Corp. recently reported fiscal Q1 revenue of $11.031 billion and adjusted EPS of $49.51, both above expectations, and guided fiscal Q2 revenue to $12.2 billion-$12.6 billion, also ahead of consensus. Even so, earlier coverage noted that the stock and the broader memory group were still being traded primarily on sector sentiment and concerns that NAND pricing momentum may moderate despite strong AI-driven demand.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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