SanDisk Stock Crashes 22%, Erasing Gains Since March. Is a Fund Blowup Next?
Open the sourceReported by BeInCrypto, beincrypto.com, 6 November 2026, by Jakub Dziadkowiec
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SanDisk shares fell 22% on volume roughly triple the average as hedge funds unwound AI-related positions, erasing the stock's gains since March. The selloff raises questions about whether a leveraged fund could be forced to liquidate, a risk tied to the pace of the AI trade's unwinding. Traders are watching whether the stock can hold key support levels and whether further fund deleveraging follows.
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SanDisk (SNDK), hedge funds
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