Sandisk (SNDK) Drops 5.4% on US-China Trade Tension Risks

Group 1 - Sandisk Corp. (NASDAQ:SNDK) experienced a share price decline of 5.44% to $127.29 amid ongoing trade tensions between the US and China [1][2] - The decline in Sandisk's stock is partly due to profit-taking after a previous day's gain of 15%, which was driven by Goldman Sachs raising its price target from $55 to $140 [2][3] - Goldman Sachs maintains a "buy" recommendation for Sandisk Corp. despite the recent stock price drop [3] Group 2 - Sandisk is particularly vulnerable in the US-China trade dispute due to its manufacturing operations being located in China [2] - The company is scheduled to announce its first quarter earnings for fiscal year 2026 on November 6, 2025, with a conference call planned for 4:30 PM ET [3]