SNDK is trading at $1327.43 (+5.7%) as the stock continues its sharp rally following a May 01 earnings report highlighting a pivot to multi-year AI contracts and record gross margins.
- Management provided strong Q4 revenue guidance of $7.75–$8.25 billion, fueling momentum after the stock closed at $1255.86 on May 04.
- Options activity shows heavy volume in May 26 $1200 puts, signaling institutional interest while the broader Nasdaq rose 0.99%.