Sandisk (NASDAQ: SNDK) stock sank about 22% on Thursday, Nov. 5, adding to a painful stretch for the flash memory maker. At roughly $806 as of this writing, shares are down about 64% from their June 25 close of $2,335, a record. Thursday's slide continued a sell-off in AI data center stocks that started after the Nov. 3 midterm elections, as investors weighed whether the outcome might slow data center construction.
POLARIS INSIGHTS