Sandisk (NASDAQ:SNDK) shares slide as memory bull cash-flow hopes tested
MILPITAS, California, July 7, 2026, 10:06 PDT Sandisk stock dropped about 8.5% to $1,596.75 in morning trading on Nasdaq. That pullback hit a rally that The Motley Fool had pegged at 635% for the year as of Tuesday, down from a peak of 884%. Now investors are looking at whether slower NAND price hikes can still keep margins up if demand stays contracted.