Wondering if Sandisk stock is a hidden gem or just riding a hype wave? You’re not alone, and we’re about to break down what’s driving that price.
The stock has rocketed up 20.1% in just the past week and an eye-catching 81.6% over the past month, with year-to-date returns skyrocketing by 565.2%. This is an incredible run that’s hard to ignore.
Behind these sharp moves, Sandisk made headlines after management announced a strategic pivot toward AI-driven data storage. This move has sparked buzz among both tech enthusiasts and investors. Additional excitement was fueled when well-known funds began increasing their stakes, suggesting a shift in institutional sentiment.
Despite the intense price action, Sandisk currently scores 0…