Why Sandisk Stock Suddenly Crashed Today
Single-stock leveraged ETFs were ticking time bombs. And they just blew up in Korea.
Overview
Did the AI memory chip bubble just burst? Shares of memory specialist Sandisk (NASDAQ: SNDK) imploded Tuesday morning, falling 11% through 10:35 a.m. ET. And you can trace the origins of this sell-off straight to one place:
South Korea.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.