🔴 Sandisk is trading 5% down today on profit-taking after a massive AI-driven rally

SNDK is trading at $1343.60 (-4.71%) amid profit-taking following a massive AI-driven rally.

• The stock has surged 410.9% year-to-date following a May 1st earnings beat and a strategic pivot to AI contracts, including 40.3% gains over the past seven days.
• Shares hit an all-time high of $1409.98 yesterday and are now testing technical support levels near $976.58.
• Today's pullback contrasts with the broader market performance, with the Nasdaq currently trading up 0.16%.