🟢 SNDK is trading 3.2% up today as semiconductor stocks stabilize after a sharp selloff

SNDK is trading at $2026.83, up 3.2% in pre-market action as the stock attempts to recover from a significant sector-wide decline.

• The rebound follows a 12–13% drop on June 23, driven by a broader tech rout, profit-taking, and valuation concerns across the semiconductor industry.
• Shares are stabilizing alongside firmer Nasdaq futures and a recovery in AI-chip and memory names, despite a lack of new company-specific catalysts.