Sandisk Stock Plunged 14% in a Day. Is the AI Memory Boom Cracking?
On July 2, Sandisk (SNDK +0.10%) stock fell about 14% in a single session, closing at $1,745. It wasn’t alone. The sell-off tore through the entire memory complex — Micron dropped, and shares of Samsung and SK Hynix fell sharply in Seoul. For a stock that had risen more than 700% this year, a big…