Story perspectives

SanDisk, Western Digital Shares Dive 13%-19% After Earnings Miss

8/7/2026

Summary

Story summary

United States firms SanDisk Corp and Western Digital Corp saw shares fall 13.3% and 19.1% on August 6, with Western Digital dropping to $420, its steepest one-day decline since April 2025.
Both beat LSEG estimates but missed broader market expectations, triggering the sell-off.
ClearBridge Investments portfolio manager Divya Mathur said the volatility appears disconnected from long-term fundamentals.
SanDisk forecast Q1 revenue of $10.3-$10.8 billion and posted Q4 revenue of $8.97 billion, up 372% YoY.

History

Historical Context

The dot-com bubble peaked on March 10 2000, then the NASDAQ Composite fell 78% by October 2002, erasing about $5 trillion in market value and teaching investors that tech stocks can collapse sharply. That legacy of volatility resurfaced on August 6 2025 when SanDisk and Western Digital shares dropped 13.3% and 19.1% after earnings missed expectations, prompting analysts to warn against short-term hype.

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Story summary

United States firms SanDisk Corp and Western Digital Corp saw shares fall 13.3% and 19.1% on August 6, with Western Digital dropping to $420, its steepest one-day decline since April 2025.
Both beat LSEG estimates but missed broader market expectations, triggering the sell-off.
ClearBridge Investments portfolio manager Divya Mathur said the volatility appears disconnected from long-term fundamentals.
SanDisk forecast Q1 revenue of $10.3-$10.8 billion and posted Q4 revenue of $8.97 billion, up 372% YoY.

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