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SanDisk Stock Surges on S&P 500 Inclusion and Analyst Upgrades

SanDisk Stock Surges on S&P 500 Inclusion and Analyst Upgrades

Author:

Global Cryptocurrency

Published:

2025-11-25 05:03:02

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BTCCSquare news:

SanDisk (SNDK) shares rallied 13.3% during regular trading on November 24, extending gains by another 7.3% in after-hours activity. The flash memory specialist secured a coveted spot in the S&P 500 index, effective November 28, replacing Interpublic Group following its acquisition by Omnicom.

Wall Street analysts amplified the momentum with multiple price target increases. Since its February 2025 debut, SNDK has delivered staggering 519% returns. The company recently outperformed Q1FY26 expectations, though broader memory chip stocks face pressure from ongoing supply constraints.

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