Billionaire David Tepper Exited SanDisk During Its Historic Rally– The Stock Has Since Fallen Over 30%
David Tepper exited SanDisk during its record rally when the stock gained over 200%. The stock has since fallen more than 30%.
A very rich investor sold SanDisk stock when its price was at an all-time high, and then the stock price dropped a lot afterward. When someone smart sells at a peak, it sometimes means they think the price won't keep going up—so it's worth noticing when big investors make big moves.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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