Sandisk Corporation stock slides 11% as CES rally cools; BofA lifts target to $390
New York, January 8, 2026, 11:05 AM EST — Regular session Sandisk Corporation shares were down about 11% at $315.04 in late morning trade, after closing at $353.56 on Wednesday. The stock opened at $360.91 and swung between $313.29 and $363.74, as a pullback hit storage and memory names across the tape. The drop lands just days after investors rushed into the group on Nvidia CEO Jensen Huang’s comments at CES about AI’s demand for memory and storage hardware. Huang called AI-specific storage and memory “a completely unserved market today,” Investopedia reported. Investopedia Bank of America Securities added fuel on