tiprankstipranks
Advertisement
Advertisement

SanDisk Stock Slides as Lock-Up Expiration Bites

SanDisk Stock Slides as Lock-Up Expiration Bites

SanDisk Corp ( (SNDK) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

Claim 30% Off TipRanks

Trade SNDK with leverage

SanDisk shares are under pressure after a lock-up agreement expired on March 20, 2026, freeing more than two million insider and Western Digital shares that can now be sold. The sudden jump in available stock is weighing on the price as traders brace for potential selling.

The decline is being made worse by a wider market selloff driven by geopolitical tensions and rising energy costs, which has sparked profit-taking after SanDisk recently hit new highs. Despite this, Citigroup and KGI Securities have both issued bullish upgrades, indicating that some analysts still see long-term upside.

More about SanDisk Corp

YTD Price Performance: 225.25%

Average Trading Volume: 17,911,411

Technical Sentiment Signal: Strong Buy

Current Market Cap: $114B

For further insights into SNDK stock on TipRanks’ Stock Analysis page.

See more of today’s top stock gainers and losers.

Disclaimer & DisclosureReport an Issue

1