SNDK is trading at $1488.99 (+5.7%) in pre-market, extending its strong multi-day rally fueled by AI-driven growth and optimistic forward guidance.
- The stock has surged nearly 48% over the past week, building on momentum from its May 1 earnings beat and the announcement of multi-year AI contracts.
- Sentiment is bolstered by blowout Q4 revenue guidance of $7.75–$8.25B and broader sector strength, including significant gains in AMD (+16-18%).
- Positive Nasdaq futures (+0.72%) are providing additional tailwinds for the stock as it continues its upward trajectory.