Why Sandisk Stock Just Jumped
President Trump just gave Intel, Apple, and Sandisk investors some very good news.
Why Sandisk Stock Just Jumped
Overview
Sandisk (NASDAQ: SNDK) raced out of the gate this morning, surging 10.7% through 11:15 a.m. ET Thursday after President Trump announced he has arranged a partnership between Apple (NASDAQ: AAPL) and Intel (NASDAQ: INTC), whereby Intel will manufacture semiconductors for Apple.
Apple stock gained nearly 1% on the news, while the semiconductor companies performed much, much better. In addition to Sandisk's gain, Intel stock is up 9.5%.
Image source: Getty Images.
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.
