U.S. stocks were lower, with the Dow Jones index falling more than 150 points on Wednesday. Shares of Freeport-McMoRan Inc. FCX shares declined 16.4% to $37.94 after the company issued third-quarter sales guidance.
Sandisk Corporation SNDK shares jumped Tuesday as investor sentiment rallied around the company's prospects in a strengthening NAND flash memory market.
Financial giants have made a conspicuous bearish move on SanDisk. Our analysis of options history for SanDisk SNDK revealed 15 unusual trades. Delving into the details, we found 33% of traders were bullish, while 46% showed bearish tendencies.
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