SNDK is trading at $618.03 (+5.73%), rebounding from a 16% decline on February 4 despite broader market weakness.

  • The stock is bucking a 0.48% decline in the Nasdaq, which is under pressure from tech sector AI spending concerns and weak economic data.
  • While there is no specific news today, the company recently reported a strong Q2 earnings beat on January 29, with revenue up 61% to $3.03B and EPS of $6.20.
  • Gains continue to be supported by robust demand for AI datacenters.