Sandisk Corporation (NASDAQ:SNDK) stock was down more than 5% in Monday's premarket session as investors reduced exposure to growth stocks amid a broader risk-off market.
Nasdaq futures fell 1.04%, while S&P 500 futures slipped 0.36%.
Geopolitical Tensions Spark Risk-Off Posture A primary catalyst for Monday's market-wide decline is the renewal of geopolitical friction in the Middle East.
Over the weekend, military strikes between the U.S. and Iran disrupted a fragile truce, prompting global markets to adopt a cautious, risk-off positioning.
According to updates from the U.S.
