SanDisk Plunges 11%, Micron and Western Digital Slide 10% as Korean Market Crash Hits Memory Chips

SanDisk shares fell 11% to $2,027.50 in Tuesday morning trading, leading a sharp selloff in memory-chip stocks. The move points to weaker risk appetite and negative sector sentiment, though the article does not provide a specific fundamental catalyst. The impact is likely stock- and sector-specific rather than market-wide.

Analysis

SanDisk shares fell 11% to $2,027.50 in Tuesday morning trading, leading a sharp selloff in memory-chip stocks. The move points to weaker risk appetite and negative sector sentiment, though the article does not provide a specific fundamental catalyst. The impact is likely stock- and sector-specific rather than market-wide.