
Post
Katherine smil
$SNDK $XSNDK — SanDisk, what happened bro?
July 28, 2026 was rough.
Closed at $1,096.10, down 14.25% on the day. Opened $1,173.60, bottomed at $1,050.72. Volume was heavy: ∼26.63M shares. Classic one-way selloff.
It wasn’t just SanDisk. $MU, $INTC, $SKHY all got hit too.
Why the drop?
1. Asia chip panic – SK Hynix and Samsung tanked overnight, and fear spilled straight into US semis.
2. AI capex worries – Investors are questioning if big tech’s massive AI spending is actually paying off. Earnings from Alphabet and Tesla didn’t help. Cue profit-taking across the sector.
3. Earnings ahead – SanDisk reports Aug 5. Some people sold first rather than risk a surprise.
Not company-specific bad news. Just sector-wide rotation + nerves before earnings.
Hang tight $SNDK.
#DailyOrbit #FedRateDecision
#BigTechEarningsNight @OKX Orbit
Disclaimer: de content op OKX Orbit dient uitsluitend ter informatie. Meer informatie
Reacties
Nog geen reacties. Reageer als eerste.
Marktbuzz van vandaag
1#CPIToResetFedBets


2#AIInfraEarningsWatch
3#Gold4400HavenBid

