Sandisk and Micron Stocks Decline Amid Rotation Trade, Supply Shortages Expected to Limit Losses

Shares of Sandisk and Micron are falling as a rotation trade gains momentum, though analysts suggest that ongoing supply shortages should help mitigate further losses.

1 Jul, 18:17 — 1 Jul, 18:17

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marketwatchMostly Factual11d ago

Sandisk’s and Micron’s stocks sink as the rotation trade builds, but supply shortages should limit losses

Most of Sandisk’s annual revenue could eventually come from its new business model contracts that provide better visibility, BofA said.

By Britney Nguyen

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Sandisk and Micron Stocks Decline Amid Rotation Trade, Supply Shortages Expected to Limit Losses

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Sandisk’s and Micron’s stocks sink as the rotation trade builds, but supply shortages should limit losses

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