Why Shares of Sandisk Fell This Week
Shares of Sandisk (NASDAQ: SNDK), a flash memory company, fell hard this week after 's Google unveiled a new compression algorithm that allows AI models to use far less memory than before.
That sparked fears among Sandisk investors, adding to broader macroeconomic concerns about a potential slowdown in the U.S. economy due to the war in Iran. As a result, Sandisk's stock was down 14.1% this week to Thursday, 4:11 p.m. ET.
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Source Fool.com
Alphabet Inc. A Stock
€308.80
6.790%
The stock is one of the favorites of our community with 165 Buy predictions and 2 Sell predictions.
As a result the target price of 334 € shows a slightly positive potential of 8.16% compared to the current price of 308.8 € for Alphabet Inc. A.
