Sandisk stock price slides on insider sale filing; SNDK faces key dates next week
Sandisk shares fell 2.5% Friday to $635.36 after director Miyuki Suzuki sold 3,500 shares for tax reasons, according to SEC filings. Other executives reported smaller tax-related share withholdings. The drop follows Western Digital’s $3.17 billion secondary sale of Sandisk shares last week. Investors are watching upcoming management appearances and a March 19 lock-up expiration.