US Storage Stocks Plunge as SanDisk Drops 12.92% and SK Hynix Falls 8.57%

Major US storage equities suffered sharp declines, with SanDisk down 12.92% and SK Hynix falling 8.57%, signaling broad weakness in the sector.

Woofun AI data shows that US-listed storage concept stocks experienced a significant collective downturn on July 27. SanDisk (SNDK) led the decline with a 12.92% drop, while SK Hynix (SKHY) fell 8.57%. Western Digital (WDC) decreased by 8.62%, Seagate Technology (STX) by 6.89%, and Micron Technology (MU) by approximately 6.59%.