Why Sandisk Stock Popped After the SpaceX IPO
SpaceX is an AI company. And AI companies need to buy memory from Sandisk.
Why Sandisk Stock Popped After the SpaceX IPO
Overview
Sandisk (NASDAQ: SNDK) stock surged 6.6% through 12:05 p.m. Monday -- and for a reason that may surprise you.
In a note out this morning, Canadian private equity shop Lynx Equity told investors that even though the SpaceX IPO is over, and even after the space company's shares are up 31%, there's still a way for investors to make money on the SpaceX IPO:
Details
By buying Sandisk (NASDAQ: SNDK) stock.
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.
