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Why Sandisk Stock Was Soaring Today

Source: Motley Fool

2026-04-01 14:05:23 ET

Shares of Sandisk (NASDAQ: SNDK) were moving higher today after the maker of flash memory products gained in sympathy with memory chip leader Micron (NASDAQ: MU) , which bounced back after a bullish note from Cantor Fitzgerald this morning.

That set off something of a relief rally in the memory sector, which had been pounded in recent days after Alphabet revealed its new TurboQuant algorithm that can purportedly cut storage requirements, threatening memory chipmakers.

As a result of the broader upswing in the stock market and the Cantor note, Sandisk was up 11.3% as of 12:55 p.m. ET, and Micron had gained 11.4%.

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Sandisk Corporation

NASDAQ: SNDK

SNDK Trading

1.74% G/L:

$846.14 Last:

8,963,894 Volume:

$873.95 Open:

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SNDK Stock Data

$81,050,573,677
144,347,492
0.02%
308
N/A
Hardware & Equipment
Technology
US
Milpitas

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