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SanDisk Stock Drops 22%, Raising Questions About Hedge Fund Exposure
(2 hours ago) · 1 source · Summarized by CryptoBipto
SanDisk stock fell 22%, wiping out gains accumulated since March. The sharp decline has prompted speculation about whether hedge funds with concentrated positions in the stock could face forced liquidations.
WHY IT MATTERS
Even though SanDisk is a traditional stock and not a cryptocurrency, big drops in the stock market can sometimes affect crypto prices.
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SOURCES
- beincrypto.com
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