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SanDisk shares fall for third straight day amid concerns over China's CXMT technological progress

The Motley Fool +1 ·

SNDK Sandisk Corp
$1403.34 -5.33%
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  1. 1SanDisk shares fell 4.6% on Wednesday.
  2. 2CXMT made major progress in 4F square technology and promised to unveil HBM target products by the end of this year.
  3. 3Mizuho analyst Jordan Klein questioned the timing and comparability of CXMT products.

So what's the key point?

SanDisk shares dropped 4.6%. This happened because concerns arose after China's CXMT announced technological advancements and plans to release new products.

Source The Motley Fool +1 · View original ↗

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