SanDisk rebounds after reports Washington may allow Apple to source DRAM and NAND from China
SanDisk rose about 2.5% at the open on August 25, rebounding from a roughly 6.5% slide on Monday, amid weekend reports that Washington may allow Apple to source DRAM and NAND from China. Analysts called the prior drop an overreaction, citing tight NAND supply and CXMT being unqualified for Apple's supply.
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@VestExchange
$SNDK is up around 2.5% at the open, rebounding from roughly a 6.5% slide on Monday, with weekend reports that Washington may allow $AAPL to source DRAM and NAND from China in focus. Analysts call the drop an overreaction, with tight NAND supply intact and CXMT unqualified for https://t.co/sIh5NScx3T
@Brownmoose
$MU & $SNDK No bid yet on the memory sector. Everything slowbleed or give some bounce just to retrace for about a week now. The overall direction after the breakout of the ema200 4HTF is yet to be decide. Typically after those breakout came the reset ( Current sittuation) https://t.co/LxF7yduX1Y