Sandisk Shares Plummets 5.55% Amid NAND Inventory Woes and Weakening Demand Ranks 96th in U.S. Liquidity

Sandisk (SNDK) closed 9/25/2025 at a 5.55% decline with $1.02 billion in trading volume, ranking 96th among U.S. equities by liquidity. The drop followed a mixed earnings report highlighting inventory challenges in the NAND flash sector while maintaining strong enterprise storage growth. Analysts noted the sell-off reflected sector-wide concerns over seasonal demand softness despite the company's 14% year-over-year revenue increase in Q2 2025.

Market participants observed that the decline accelerated after management revised Q3 guidance downward by 8% due to delayed enterprise client procurement cycles. While enterprise SSD sales rose 22% quarter-over-quarter, consumer SSD demand showed signs of weakening, accounting for 65% of total revenue but declining 4% sequentially. The stock's performance contrasted with broader tech indices which posted modest gains, amplifying concerns about sector-specific headwinds.

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