Tepper Sold Sandisk at Peak | Business and Finance News

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Recorded19 Aug 2026

Publisherfeeds.acast.com ↗

Handlerec:20061055

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David Tepper pulled the plug on his Sandisk stake right as the stock hit its peak—over $2,300 in June—walking away from hundreds of millions in potential gains. But it wasn’t a full retreat: while he cashed out his Appaloosa shares, reports show he quietly piled back into memory stocks after the quarter ended, betting on dips rather than peaks. His move? Strategic profit-taking, not panic or pure conviction. He trimmed key positions but kept a heavy bet on Micron, proving even the sharpest investors are constantly recalibrating—and that the memory chip boom’s highs may be behind us. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d9f71d70dc06bae2

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