No stock in the S&P 500 has done better than Sandisk(NASDAQ: SNDK) this year, as it's up an astounding 749% as of June 29. The memory maker's share price has surpassed $2,000, something that would've surprised even the most optimistic investor six months ago.
Rapid growth and a four-figure share price often spark speculation about a stock split, in which a company divides its shares into smaller units. The value of the company doesn't change, but a stock split lowers the share price, making it more accessible to investors and improving liquidity.
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Sandisk hasn't announced an upcoming stock split at the time of this writing. Let's consider how likely it is for 2026.
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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.
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