SNDK is trading at $596.06 (-5.43%) amid a broader market pullback and AI disruption fears, gapping down from yesterday's close of $630.29.
- The NASDAQ fell 0.81% today as tech selloff concerns weighed on the sector, despite SNDK's significant 129% YTD gains fueled by AI storage optimism.
- Investors appear to be taking profits following strong quarterly results that featured 61% revenue growth, with shares previously dipping to $606.02 in pre-market trading.
- No company-specific news was released today to explain the move, indicating the price action is primarily driven by macro sentiment and sector-wide volatility.