The Zhitong Finance App learned that the stock price of SanDisk (SNDK.US) fell sharply last month, and the stock price had soared for a while before. The company's post-market earnings report for US stocks on Wednesday will test whether strong performance is enough to attract investors to buy again. The memory component maker's stock price plummeted 47% in July, and its market capitalization evaporated by more than $150 billion, the worst monthly performance since it went public in February 2025. Although the stock is still the best performing stock in the S&P 500 index this year, surging 501%, this is a sharp drop compared to the 858% increase in 2026 at the end of June. The stock returned to an upward trend this week, rising 6% on Monday and 11% on Tuesday.

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