Why Sandisk Stock Dropped Again on Tuesday
Yahoo Finance ·
Uh-oh. It's starting again. Competition from China on computer memory sales is roiling stock markets, and once again, Sandisk ( SNDK -3.29% ) stock looks caught in the turmoil. Last time this happened, in July, it cost Sandisk stock a near-50% decline in a month . Should investors expect a repeat of July's troubles? Well, Sandisk stock shed 6% on Monday, and as markets reopen Tuesday, Sandisk stock is falling another 3.5% as of 11 a.m. ET.
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