SanDisk Stock News

SanDisk shares SNDK rose in afternoon trading Thursday after Citi reiterated its Buy rating on the memory and storage company following Micron Technology's latest earnings report. The stock was up over 2% after staying under pressure in morning trading.

SanDisk stock has traded sideways over the past few weeks as the strong momentum from earlier this year has stalled. SNDK is currently at $1,730, about 8.6% below this month's high of $1,893.

September turned out to be a mediocre month for S&P 500 investors. But some stocks wound up having a great month.

Shares of memory-chip makers Micron Technology, SK Hynix and SanDisk rose on Tuesday as optimism around artificial intelligence spending outweighed pressure from elevated oil prices and government bond yields. The gains came as investors digested reports that Anthropic, one of the most closely watched AI companies, is preparing for a potential public debut that could value the company at more t...

Micron Technology and SanDisk stocks rose in premarket trading on Tuesday, resisting a hostile backdrop for technology stocks as Treasury yields hovered near their highest level in almost two decades. Micron was up about 1.8% before the bell, while SanDisk gained roughly 1.0%.

OpenAI said it has halted the training of its latest AI models. It follows more incidents of AI agents going rogue.

AI stocks struggle as a flare-up in oil prices leads to investors ditching risk assets.

Micron Technology (NASDAQ: MU) and SanDisk (NASDAQ: SNDK) shares slipped in pre-market trading on Wednesday, giving back part of Tuesday's gains as investors reassessed how much optimism is already embedded in memory stocks. Micron was down about 1.1% before the bell, while SanDisk fell roughly 0.5%.