Why Is Sandisk Stock Gaining Friday?
Sandisk (NASDAQ: SNDK) rebounds premarket. Despite post-earnings pullbacks, strong momentum signals and a Buy consensus point to upside.
SanDisk's stock price went up on Friday because investors got more hopeful about the company after some worried selling following earnings. When more people want to buy than sell, the price usually rises, and this might mean they think the company has good things ahead.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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