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SanDisk Corp. (NASDAQ:SNDK) shares are experiencing a minor pullback Monday. The move follows a rally where the stock recently hit all-time highs above $1,560. This retreat comes after the stock surged over 12% on Friday.
Profit-Taking Hits Record Highs
The current decline appears driven by investors pulling capital off the table. Despite the dip, the stock remains in a strong upward trend. SanDisk has dominated the AI storage narrative, gaining 4,086% since its February 2025 spin-off from Western Digital Corp. (NASDAQ:WDC).
Short Interest and Burry’s Warning
Short interest recently increased from 8.06 million to 9.75 …
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