Nasdaq Falls as Micron, Sandisk Lead Tech Slide
The Nasdaq slid on Tuesday as Micron and Sandisk posted sharp losses, dragging the tech-heavy index lower. SpaceX shares rebounded but could not offset the semiconductor selloff.
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The Nasdaq slid on Tuesday as Micron and Sandisk posted sharp losses, dragging the tech-heavy index lower. SpaceX shares rebounded but could not offset the semiconductor selloff.
SanDisk shares have risen 2,640% over the past twelve months, making it one of the most extreme single-year equity performers on record. The scale of the move raises questions about whether fundamentals justify the new valuation or whether the rally is outpacing underlying business performance.
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The Nasdaq slid on Tuesday as Micron and Sandisk posted sharp losses, dragging the tech-heavy index lower. SpaceX shares rebounded but could not offset the semiconductor selloff.
7d ago · 2 min · Markets
SanDisk shares have risen 2,640% over the past twelve months, making it one of the most extreme single-year equity performers on record. The scale of the move raises questions about whether fundamentals justify the new valuation or whether the rally is outpacing underlying business performance.
2mo ago · 1 min · Markets
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