Sandisk stock slips in late trade after AI-storage rally cools — what investors watch next
New York, January 8, 2026, 17:51 (EST) — After-hours Sandisk (SNDK.O) shares were down 5.3% at $334.54 in late trading on Thursday, after closing the regular session sharply lower and erasing part of this week’s CES-fueled jump. The stock swung between $311.07 and $363.74 on the day after finishing Wednesday at $353.40. The pullback hit other AI-linked memory and storage names too, with Western Digital down 6.1% and Seagate Technology off 7.7% in Thursday’s session. “It’s become a ‘show me’ sector,” Art Hogan, chief market strategist at B. Riley Wealth, said, as investors grew pickier about richly valued AI beneficiaries.