SNDK is trading at $653.19 (+8.98%) amid a storage sector rebound from oversold levels following recent technology sector weakness.
- The rally follows a 10.65% surge on February 11, fueled by Micron's HBM4 production announcement and anticipated 2026 memory shortages known as RAMaggedon.
- Sector-wide momentum and a Moderate Buy analyst rating support the gains despite a lack of direct company news.
- Broader market trends are positive, with the Nasdaq up 0.37% during the session.