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Micron Drops 8%, SanDisk Slumps 10%, Western Digital Falls 7% as Memory Stocks Pull Back With the NASDAQ
24/7 Wall St.86d agobearish
Micron Drops 8%, SanDisk Slumps 10%, Western Digital Falls 7% as Memory Stocks Pull Back With the NASDAQ

Shares of Micron Technology (NASDAQ:MU) are down 8% to $1,061.44 in Wednesday morning trading, while SanDisk (NASDAQ:SNDK) stock has slid 10% to $2,051.10 and Western Digital (NASDAQ:WDC) shares have dropped 7% to $595.81. The memory group is leading a broader semiconductor pullback as the NASDAQ 100 opens the second half of the year lower. The ... Micron Drops 8%, SanDisk Slumps 10%, Western Digital Falls 7% as Memory Stocks Pull Back With the NASDAQ

Zacks86d agoneutral
Stock Market News for July 1, 2026

U.S. stocks ended sharply higher on Tuesday, to close the first half on a high, as the S&P 500 and the Nasdaq recorded their best quarterly jump since 2020, while the Dow registered its biggest quarterly gain since 2022.

US Stock Market Today: S&P 500 Futures Dip As Energy Jitters Meet Softer Inflation
Simply Wall St.86d agoneutral
US Stock Market Today: S&P 500 Futures Dip As Energy Jitters Meet Softer Inflation

The Morning Bull - US Market Morning Update Wednesday, Jul, 1 2026 US stock futures are slightly softer this morning, with E-mini S&P 500 contracts down about 0.1%, as investors weigh tight energy supplies against calmer inflation signals from overseas and brighter Chinese data. The US Strategic Petroleum Reserve has dropped to 325.7 million barrels, a 43 year low, which underlines how little backup there is if fuel prices spike again. At the same time, France’s inflation rate has slowed to...

Sandisk (SNDK) Stock Looks Fully Valued After A Very Large Run
Simply Wall St.87d agoneutral
Sandisk (SNDK) Stock Looks Fully Valued After A Very Large Run

Sandisk’s share price has moved very quickly, with a very large 1-year return sitting alongside valuation checks that currently lean expensive rather than clearly cheap. Sandisk has returned roughly 50x over the past year, which makes any fresh entry price far more sensitive to what investors are now paying for each dollar of future earnings and cash flow. Expectations tied to long-term AI memory demand and multi-year supply contracts can support high valuations, while concerns about...