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Why Did Sandisk Stock Pop Today?


Sandisk (NASDAQ: SNDK) stock is bouncing back from yesterday's meltdown on Wednesday -- and color me unsurprised.

Shares of the flash memory maker closed down 7.3% yesterday amid concerns about a possible increase in DRAM production by semiconductor giant Samsung in Korea. Sandisk regained 4.3% this morning, however, through 10:30 a.m. ET, as investor worries eased.

Image source: Getty Images.

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Source Fool.com

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