SanDisk shares jump as S&P 100 promotion takes effect September 21
SanDisk (SNDK) secured an S&P 100 spot effective before trading begins September 21. Shares rose about 3.5% to $1,801.50 Tuesday, lifting market capitalization to roughly $283 billion.
SanDisk, the flash-memory maker benefiting from the AI storage boom, will join the S&P 100 effective before trading begins September 21. 50 Tuesday, lifting the company’s market capitalization to roughly $283 billion as investors positioned for the change.