Stock-Split Watch: Is Sandisk Next?
Sandisk now has the second-highest nominal stock price among tech stocks.
Overview
Sandisk (NASDAQ: SNDK) has experienced an unprecedented run since its spinoff in February 2025. Since separating from Western Digital, the stock has risen by over 4,700%!
Amid these gains, the nominal share price of the semiconductor stock has reached as high as $2,354 per share and currently trades at around $1,740 per share as of the time of this writing. Although management has not announced plans to split its stock, it should not surprise investors if Sandisk announces a stock split. Here's why.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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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.