LOGO
LOGO

Intraday Alerts

Sandisk Corp Shares Surge 13% After Strong Q2 Earnings

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Sandisk Corp. (SNDK) jumped 12.58 percent to $607.26 up $67.96 on Friday, after reporting sharply higher second-quarter results compared with last year.

The company posted net income of $803 million, or $5.15 per share, versus $104 million, or $0.72 per share, a year earlier on the Nasdaq. Adjusted earnings rose to $6.20 per share from the prior-year period.

Revenue climbed 61.5 percent year over year to $3.02 billion, driven by strong demand across its product portfolio. The stock traded between $599.00 and $676.69 during the session and has a 52-week range of $27.89 to $676.69.

For comments and feedback contact: editorial@rttnews.com

Business News

Get Access to Premium Stock Alerts with RTT Intelligent Investor.
Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

RELATED NEWS
Latest Updates on COVID-19