Should You Buy Sandisk Stock Before Aug. 5? (Hint: It Soared After the Past 2 Earnings Reports)
Sandisk stock is up 3,810% since it was spun off last year.
Overview
Sandisk (NASDAQ: SNDK) has had an unbelievable growth story this year. It was spun off from Western Digital in February 2025 in a fairly low-key restructuring, but by October, it had shot up, ending the year with a 650% gain. It has only continued to rise, and it's now up 3,810% since the spinoff.
The stock has soared after every one of the four earnings reports it has already posted, especially the last one. However, it's down 36% over the past month, trading around the price it was before the previous earnings report in May.
Details
Should you buy Sandisk stock before fourth-quarter earnings results are released on Aug. 5?
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.