Why Sandisk Stock Bounced Back Friday

Sandisk (NASDAQ:SNDK) investors have had a rough week so far -- but things are looking up. No. 5 in global NAND flash memory production behind Samsung, SK Hynix, Micron, and Kioxia, Sandisk stock shed 30% through Thursday's close this week. But as of 10:40 a.m. ET Friday morning, the stock is up 4.4%. So why did Sandisk stock fall, and why is it bouncing back?

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