On September 14, SanDisk Corp. fell 6.74% in regular trading, trading at $1,529.70/share, with turnover of $1.503 billion, extending a multi-session pullback.

On the news front, Kioxia's CEO publicly stated that NAND prices have \"risen enough\" and instructed sales teams to stop pushing aggressive price hikes on data center clients, directly suppressing expectations for continued NAND pricing momentum. The remarks triggered a broad selloff across storage stocks, with SK Hynix falling 6.30%, Micron Technology dropping 5.01%, and Western Digital declining 6.46%, reflecting heavy sector-wide selling pressure.

SanDisk Corp. has accumulated gains exceeding 400% year-to-date and touched $2,350 in late June. Concentrated profit-taking combined with near-term NAND pricing peak expectations has weighed on the stock. Though most valuation metrics indicate the stock remains undervalued — with a forward PEG ratio of just 0.19x versus the tech sector average of 1.25x — the stock is forming a bearish technical pattern suggesting downside risk in the near term. Notably, SanDisk Corp. is set to join the S&P 100 index on September 21.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)