SNDKD.BA is trading at $12.59 (-7.9%) after a steep decline on the July 1 session and a volatile multi-day run. No company-specific catalyst was identified in the available news flow for this move.
The broader market is higher on July 2, with the S&P 500 and Nasdaq both up more than 0.5%, so this looks more like instrument-specific weakness than a market-wide selloff. Related Sandisk coverage includes a Citi target-price increase for SNDK, but that does not explain the CEDEAR’s drop.