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SNDKSandisk Corporation$885.01
24h
-5.59%
7 Nov, 16:55
SanDisk in deep bear market territory
Bearish+5.98%
AI Summary
Author highlights a broad bear market across major technology stocks with significant drawdowns, while speculating on whether the decline represents a generational buying opportunity.
Many Tech stocks are actively trading in Bear Market territory:
1. SanDisk, $SNDK (-65%)
2. Arm Holdings, $ARM (-64%)
3. ServiceNow, $NOW (-59%)
4. Nebius, $NBIS (-57%)
5. Marvell, $MRVL (-57%)
6. Oracle, $ORCL (-55%)
7. Micron, $MU (-49%)
8. SpaceX, $SPCX (-46%)
9. AMD, $AMD (-39%)
10. Alphabet, $GOOGL (-32%)
11. Tesla, $TSLA (-32%)
12. TSMC, $TSM (-29%)
13. Palantir, $PLTR (-28%)
14. Nvidia, $NVDA (-25%)
Since Oct 6’th, the S&P 500 has erased over $4T in value.
Time will tell just how much of a generational dip this is…