Geopolitics Alpha

Sandisk plunges 19% as tech stocks drop (SNDK:NASDAQ)

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GEOPOLITICS ALPHASandisk plunges 19% as tech stocksdrop (SNDK:NASDAQ)SNDKGEOPOLITICS ALPHA

This report is about the broad US market.

Directly affected

  • SNDK Sandisk-40.9% 30d

    Named in this report.

Indirectly affected

  • DIA SPDR Dow Jones Industrial Average ETF-0.5% 30d

    SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.

  • QQQ Invesco QQQ-9.8% 30d

    Invesco QQQ: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.

  • XLK Technology Select Sector SPDR+6.9% 13d

    Technology Select Sector SPDR holds the technology sector that Sandisk belongs to, so it often moves with news about it.

  • WDC Western Digital-28.1% 30d

    Western Digital is a peer of Sandisk in computer storage devices; rivals often move on the same news.

  • NTAP NetApp-2.9% 30d

    NetApp is a peer of Sandisk in computer storage devices; rivals often move on the same news.

  • P Everpure-12.3% 30d

    Everpure is a peer of Sandisk in computer storage devices; rivals often move on the same news.

  • STX Seagate Technology Holdings-38.5% 30d

    Seagate Technology Holdings is a peer of Sandisk in computer storage devices; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SNDK+28.32%+3.65%base-18.84%after closeafter closeafter close
DIA-1.93%-2.58%base-3.47%after closeafter closeafter close
QQQ+3.43%-1.51%base-5.74%after closeafter closeafter close
XLK+6.96%-1.25%base-7.19%after closeafter closeafter close
WDC+22.17%+4.60%base-15.12%after closeafter closeafter close
NTAP+16.35%-1.32%base-8.40%after closeafter closeafter close
P+22.95%+1.84%base-15.21%after closeafter closeafter close
STX+25.77%+6.53%base-14.84%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Sandisk plunges 19% as tech stocks drop (SNDK:NASDAQ) Seeking Alpha

Source: Seeking Alpha

This story

CompanyWhenMoveStatus
DIAthat day-3.47%final price
DIAthree days earlier-2.58%final price
DIAfive days earlier-1.93%final price
NTAPthat day-8.40%final price
NTAPthree days earlier-1.32%final price
NTAPfive days earlier+16.35%final price
Pthat day-15.21%final price
Pthree days earlier+1.84%final price
Pfive days earlier+22.95%final price
QQQthat day-5.74%final price
QQQthree days earlier-1.51%final price
QQQfive days earlier+3.43%final price
SNDKthat day-18.84%final price
SNDKthree days earlier+3.65%final price
SNDKfive days earlier+28.32%final price
STXthat day-14.84%final price
STXthree days earlier+6.53%final price
STXfive days earlier+25.77%final price
WDCthat day-15.12%final price
WDCthree days earlier+4.60%final price
WDCfive days earlier+22.17%final price
XLKthat day-7.19%final price
XLKthree days earlier-1.25%final price
XLKfive days earlier+6.96%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

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12 out of 100

“Sandisk plunges 19% as tech stocks drop (SNDK:NASDAQ)” scores 12 out of 100. The score uses 1 sources.