Sandisk will join competitor Micron in the S&P 500 after getting spun out of Western Digital earlier this year.
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Shares of flash storage vendor Sandisk
popped 7% in extended trading on Monday after the company was added to S&P 500.
Sandisk’s addition to the benchmark comes nine months after the company was spun out of Western Digital
. Sandisk will replace marketing company Interpublic
Highflying memory-chip stocks Micron and Sandisk tumbled on Friday after hitting record highs on Wednesday.
Sandisk stock continued its rally this month and reached a new all-time high.
SanDisk stock has soared over 5,000% since its 2025 spinoff from Western Digital. Bank of America reiterated Buy and raised its…
Memory-chip makers Micron and Sandisk scored price-target hikes from Wall Street analysts on Thursday. Both stocks are at record…
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Marvell Technology joins the S&P 500 on June 22 after meeting GAAP profitability requirements, driven by AI chip demand. Shares…
