not according to Citron research.
https://www.tradingview.com/news/stocktwits:521c1c680094b:0/
Key points:
The firm noted cyclical pressures in the memory market that SanDisk primarily operates in, adding that Samsung was already leading the way in the segment.
Citron also highlighted the fact that long-time investor Western Digital had recently sold a part of its shares in SanDisk, which the company plans to use to service debt.
The firm said that it believes the sale is because WDC is cued in on the waning memory market cycle.
https://www.tradingview.com/news/stocktwits:521c1c680094b:0/
Key points:
The firm noted cyclical pressures in the memory market that SanDisk primarily operates in, adding that Samsung was already leading the way in the segment.
Citron also highlighted the fact that long-time investor Western Digital had recently sold a part of its shares in SanDisk, which the company plans to use to service debt.
The firm said that it believes the sale is because WDC is cued in on the waning memory market cycle.
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