REX Shares and Tuttle Capital Management launched the T-REX 2X Long SNDK Daily Target ETF (SNDU) on March 12, 2026. The fund provides 2x the daily performance of SanDisk’s stock. This product targets traders seeking focused, short-term exposure to the company’s price volatility.
The launch follows increased demand for SanDisk’s NAND flash storage, fueled by the expansion of AI infrastructure. Analysts have responded by raising earnings estimates and issuing a positive outlook for the computer storage sector. Institutional investors have also reported significant share purchases in the company.