Why Is SanDisk (SNDK) Stock Price Down 7.32% Today, July 29? Memory-Sector Selling Extends the Breakdown

SanDisk (SNDK) fell exactly 7.32% to $1,015.89 on July 29, 2026 as a broad memory-chip de-risking move intensified after SK Hynix earnings disappointed relative to expectations. Read the daily analysis of SanDisk's memory-cycle outlook, momentum risk and key technical levels.