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Why SanDisk Stock (SNDK) Is Bouncing Back after a 16% Drop

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U.S.-based data storage company SanDisk’s stock is up 3% in pre-market on Thursday.

Why SanDisk Stock (SNDK) Is Bouncing Back after a 16% Drop

SanDisk (SNDK) stock is rebounding in pre-market trading today after falling about 16% on Wednesday. The sharp pullback came after an explosive rally driven by strong earnings and surging AI data-center demand, leaving the stock vulnerable to short-term profit-taking. With fundamentals still intact — including rising AI-driven storage orders, margin expansion, and tight supply conditions — buyers are stepping back in, helping fuel the rebound.

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