SNDK is trading at $685.54 (+2.86%) in pre-market on the first anniversary of its spin-off from Western Digital, driven by surging AI-related flash memory demand.
- The rally follows a blockbuster Q2 earnings beat with revenue of $3.03B and EPS of $6.20, supported by strong Q3 guidance.
- Shares have climbed approximately 1,475% since the IPO, maintaining momentum despite prior concerns regarding share dilution.
- The stock previously closed at $666.49 on February 23. [Hero News ID: 699ced89a82e7db9feff1f23]