SNXX is trading 4.1% down at $19.13 after reversing from its sharp recent rally; no new catalyst for the decline has been identified.

  • Rosenblatt’s Buy rating and $2,400 SanDisk target supported the underlying shares on September 22, but available coverage does not identify a new September 23 catalyst for SNXX’s decline.
  • Major indexes are modestly lower, but not enough to establish a clear macro explanation.