Sandisk Corp.

(NASDAQ:SNDK) stock climbed nearly 5% in Tuesday's premarket session as investors positioned ahead of the company's second-quarter earnings report, scheduled for Wednesday.

The broader market also supported sentiment.

Nasdaq futures gained 0.89%, while S&P 500 futures rose 0.25%.

Earnings In Focus The premarket gain comes as investors position ahead of the company's quarterly earnings report.