Why Sandisk Stock Is Soaring Today
Sandisk's recent investor day conference was a hit with analysts.
Overview
Sandisk (NASDAQ: SNDK) stock is surging in Friday's trading, with its stock up 7.1% as of 11:05 a.m. ET. Meanwhile, the S&P 500 was down 0.1%, and the Nasdaq Composite was down 0.3%.
Sandisk held an investor day conference yesterday, and the memory technologies specialist shared new long-term growth targets. Investors are bidding up the stock in response, and the company's share price is now up more than 580% year to date.
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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.