ATLAS News · Technology

Sandisk shares fall as Nvidia exit weighs on storage ahead of 8-for-1 split

Published November 12, 2026 · 2 sources

Yahoo Finance and FinanceFeeds report Sandisk (SNDK) fell after Nvidia's exit hit storage stocks, one week before the company's 8-for-1 split.

What happened

Sandisk (SNDK) shares came under pressure as an exit by NVIDIA weighed on storage stocks, according to Yahoo Finance. The report says this came one week before the company's 8-for-1 stock split.

FinanceFeeds, in a separate report, also ties the decline to Nvidia and notes that the split is one week away. It says the stock closed Friday at $937.46, which it describes as about $117 on a split-adjusted basis, down 4.1%.

FinanceFeeds also cites bull and bear scenario levels of $1,037 and $869 for the stock. Yahoo Finance reports a 7.83% slide for Sandisk and other storage stocks.

Context

A stock split increases the number of shares outstanding and lowers the price per share proportionally, without changing a company's overall market value.

Why it matters

The episode shows how a move by a major customer or partner such as Nvidia can affect sentiment across storage stocks around a corporate event like a split.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

SandiskSNDK

−4.11%

Technology · NASDAQ

Live price

$860.98▼ -4.11%

live price · USD

Close on November 12: $937.46−4.11% vs. previous close ($977.69)
Fair value (ATLAS): $2,436.46Fair range: $2,100.00 to $3,805.22The price ($860.98) is 64.7% below that figure.
Chance of a rise in 1 month: 43%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $661.21 and $1,003.67; 9 in 10, between $456.73 and $1,453.01.

See the full ATLAS analysis of Sandisk →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

Sandisk Stocks Slide 7.83% as NVIDIA Exit Hits Storage a Week Before 8-for-1 Split · Yahoo Finance · November 12, 2026
Sandisk (SNDK) Stock: $937 Friday, One Week Before the 8-for-1 Split, Bull $1,037, Bear $869 · FinanceFeeds · November 13, 2026

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Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer