🔴 SNDK is trading 3.6% down today amid a broader market sell-off fueled by recession fears and AI capex concerns

SNDK is trading at $555.40 (-3.61%) in after-hours as recession fears and high AI capital expenditure concerns drive a broader market decline.

• The stock closed the regular session down -1.43% at $576.20 with no new company-specific catalysts or announcements reported today.
• The move aligns with a wider sell-off in major indices, with the S&P 500 down 1.74% and the Nasdaq down 0.70% following job cut reports and spending updates from peers like Amazon and Alphabet.
• Prior gains driven by AI datacenter demand from the Jan. 29 Q2 results are being offset by current macroeconomic headwinds and sector-wide volatility.