Geopolitics Alpha

Sandisk Shares Are Down 40% Since Earnings, but Is the Stock a Buy?

Published . Updated .

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GEOPOLITICS ALPHASandisk Shares Are Down 40% SinceEarnings, but Is the Stock a Buy?SNDKGEOPOLITICS ALPHA

This report does not map to a usual set of affected companies.

Directly affected

  • SNDK Sandisk-40.9% 30d

    Named in this report.

Indirectly affected

  • XLK Technology Select Sector SPDR+6.0% 12d

    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+42.74%+39.57%baseafter closeafter closeafter closeafter close
XLK+10.50%+8.64%baseafter closeafter closeafter closeafter close
WDC+36.81%+29.88%baseafter closeafter closeafter closeafter close
NTAP+17.50%+12.50%baseafter closeafter closeafter closeafter close
P+35.88%+25.86%baseafter closeafter closeafter closeafter close
STX+38.40%+30.15%baseafter closeafter 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 Shares Are Down 40% Since Earnings, but Is the Stock a Buy? Morningstar

Source: Morningstar

This story

CompanyWhenMoveStatus
NTAPthree days earlier+12.50%final price
NTAPfive days earlier+17.50%final price
Pthree days earlier+25.86%final price
Pfive days earlier+35.88%final price
SNDKthree days earlier+39.57%final price
SNDKfive days earlier+42.74%final price
STXthree days earlier+30.15%final price
STXfive days earlier+38.40%final price
WDCthree days earlier+29.88%final price
WDCfive days earlier+36.81%final price
XLKthree days earlier+8.64%final price
XLKfive days earlier+10.50%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).

This story

12 out of 100

“Sandisk Shares Are Down 40% Since Earnings, but Is the Stock a Buy?” scores 12 out of 100. The score uses 1 sources.