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News 2026-07-16 17:14 UTC

After A 6,000% Melt-Up, SanDisk Just Found Out Gravity Still Exists

The best-performing stock in the S&P 500 this year has given back a quarter of its value in four sessions. SanDisk Corp. (NASDAQ: SNDK ) is down 24.8% week-to-Thursday, on track for its worst weekly performance since March 2025. No warning. No bad news. Just the bill coming due. The stock now trades nearly 39% below th