SanDisk maintains 2nd place in S&P 500 after nearly 500% rise this year
SNDK Sandisk Corp
$1299.30 -6.85%
View chart & analysis → - 1SanDisk (SNDK) maintains 2nd place in S&P 500 after losing the top performer spot to Moderna
- 2Fiscal 2026 fourth quarter revenue surged 372% year-over-year, driven largely by rising chip prices
- 3Cyclicality is expected to decrease as the company begins signing volume and price contracts with customers
So what's the key point?
SanDisk's stock price rose nearly 500% this year and its revenue increased significantly. The company is starting to sign contracts that pre-determine volume and prices with customers, which may reduce price fluctuations.
Source The Motley Fool +1 · View original ↗
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