Sandisk stock price steadies after Citron short call; Bernstein talk looms for SNDK
Sandisk shares rose 0.2% to $639.76 early Wednesday after a 4.2% drop Tuesday, triggered by a Citron Research short call citing memory market risks. CEO David Goeckeler disclosed tax-related share sales last week. Western Digital plans to sell millions of Sandisk shares to cut debt. Investors await Sandisk’s appearance at a Bernstein tech forum later Wednesday.