SNDK is trading 8.7% down today at $2,130.83 as traders lock in profits following an extreme AI-driven run.
- The decline follows a nearly 22% surge on June 25, 2026, fueled by Micron’s blowout earnings and heightened optimism for AI memory demand.
- Despite the pullback, Citi has raised its price target to $2,500, viewing the move as a normal consolidation phase for the stock.