Stock Track | SanDisk Corp. Plummets 5.03% Intraday Following Citron Research Short Position Announcement

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SanDisk Corp. (SNDK) shares plummeted 5.03% during intraday trading on Tuesday, marking a significant downturn for the memory chip maker.

The sharp decline followed an announcement by short-seller Citron Research that it had taken a short position in SanDisk. Citron cited concerns about cyclical pressures in the memory market and intensifying competition from Samsung, which it described as the "800-pound gorilla" in the industry with a history of prioritizing market share over margins.

The research firm also pointed to Western Digital's recent sale of a significant portion of its SanDisk holdings at prices 25% below current levels as a warning sign. Citron argued that while the market has been pricing SanDisk like NVIDIA, there's a key difference: "NVIDIA has a moat. SanDisk sells a commodity."

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Plummets 5.03% Intraday Following Citron Research Short Position Announcement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-02-24 23:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SanDisk Corp. (SNDK) shares plummeted 5.03% during intraday trading on Tuesday, marking a significant downturn for the memory chip maker.</p><p>The sharp decline followed an announcement by short-seller Citron Research that it had taken a short position in SanDisk. Citron cited concerns about cyclical pressures in the memory market and intensifying competition from Samsung, which it described as the \"800-pound gorilla\" in the industry with a history of prioritizing market share over margins.</p><p>The research firm also pointed to Western Digital's recent sale of a significant portion of its SanDisk holdings at prices 25% below current levels as a warning sign. Citron argued that while the market has been pricing SanDisk like NVIDIA, there's a key difference: \"NVIDIA has a moat. SanDisk sells a commodity.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SNDK","symbol_name":"闪迪","start_time":0,"source_url":"","article_id":"1156621077","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1156621077","pubTimestamp":1771946371,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"SanDisk Corp. 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