Well-known short-selling firm Citron says it is shorting SanDisk, claiming that the current boom in the storage chip market is a “supply illusion.” As of press time, SanDisk’s stock price has fallen 5.4% to $630 per share.
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SanDisk is shorted by Citron, stock price drops over 5% intraday
Well-known short-selling firm Citron says it is shorting SanDisk, claiming that the current boom in the storage chip market is a “supply illusion.” As of press time, SanDisk’s stock price has fallen 5.4% to $630 per share.