SNDK is trading at $560.86 (+3.6%) in pre-market, rebounding from a recent pullback tied to Samsung's HBM4 production plans that raised supply concerns.
- The stock closed down 7.16% on February 10 despite reporting strong Q2 earnings of $3.025B in revenue and $6.20 EPS, which beat analyst estimates.
- Shares are likely recovering alongside a modest market uptrend and a bullish Goldman Sachs note, following the recent dip.