Sandisk (SNDK) falls premarket amid a broader tech sell-off and AI chip rotation. Get the full market breakdown here.
Sandisk Corp.
(NASDAQ:SNDK) stock fell more than 1% in Friday's premarket session as investors reduced exposure to higher-beta technology stocks.
Nasdaq futures were down 1.39%, while S&P 500 futures lost 0.70%.
As index futures weakened ahead of the opening bell, investors shifted toward more defensive positions.
The stock is also continuing to consolidate after reaching a recent high in June.
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