Sandisk Stock vs Kioxia After a 15.8% Tokyo Plunge
By Abdelaziz Fathi
Source excerpt · FinanceFeeds
Sandisk's closest manufacturing partner just fell 15.8% in Tokyo after giving a December-quarter profit forecast roughly 15% below consensus, but the read-through to Sandisk stock is less straightforward than the headline suggests. Kioxia Holdings closed Monday down 15.78% after falling as much as 17% intraday. The drop followed results released after the Japanese market closed on October 30, when…