On October 2, SanDisk Corp. fell 3.59% in regular trading, trading at $1742.255/share, with turnover of $2.912 billion. The decline came just one session after the stock rallied nearly 2.75% on the back of Micron Technology's better-than-expected earnings, which had ignited a broad storage sector rally.

Within the Technology Hardware, Storage & Peripherals sector where SanDisk Corp. belongs, storage names saw sharp reversals. Among individual stocks, Seagate Technology PLC down 13.5%, Western Digital down 9.98%, Apple up 0.64%, Dell Technologies Inc. up 3.16%, Hewlett Packard Enterprise up 5.75%. The steep declines in Seagate and Western Digital suggest sector-wide profit-taking pressure following the prior session's Micron-driven rally, with SanDisk — which had surged over 400% year-to-date and previously touched a high of $2,354.39 — facing notable selling pressure as well.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)