Svmuu News: Driven by industry panic sparked by Meta’s plan to sell excess computing power, as well as profit-taking by investors pulling funds out of the AI sector, SanDisk (SNDK) saw its stock price plummet by more than 10% today. According to data from the Gate platform, SanDisk (SNDK) is currently trading at $1,743.00 (-14.35%), having hit a 24-hour low of $1,693.79. Despite the sharp short-term decline, SanDisk’s (SNDK) long-term fundamentals remain positive, and trading in related futures contracts remains brisk. According to Coinglass data, Gate’s SNDK futures contracts recorded a 24-hour trading volume of $82.131 million and open interest of $22.3788 million, both ranking among the highest across the entire network.
Gate Stocks has established a 24/7 trading service system covering three major core markets—U.S., Hong Kong, and South Korean stocks—supporting over 10,000 U.S. stocks and ETFs, more than 1,500 Hong Kong stocks, and over 1,000 South Korean stocks, for a total of over 12,500 stocks and ETFs worldwide. Users can use their single Gate account to invest in global stocks via USDT in a one-stop manner, with fractional share trading starting as low as 0.01 shares and the right to receive stock dividends. The platform also supports transferring positions between U.S. and Hong Kong brokerages, as well as corporate actions such as stock splits and reverse stock splits, further optimizing the stock investment experience.