SanDisk's Plunge Has Produced One of July's Hottest ETF Trades
The SNDQ ETF has surged over 175% in July as SanDisk's sharp selloff and weakness in AI memory stocks fueled inverse ETF gains.
When SanDisk's stock price dropped a lot, an ETF that bets against it went way up—that's because some ETFs are designed to go up when certain stocks go down. This shows how different investors use different tools to make money from price changes, but it doesn't tell us what SanDisk or the memory chip market will do next.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.