🟢 Sandisk Corp is trading 3.25% up today on memory-demand optimism and Apple storage cost warnings

Sandisk Corp is trading at $2255.74 (+3.25%) in pre-market after extending a strong run tied to memory-demand optimism and sector-wide pricing power.

• The stock previously surged 11% following a June 20 report that Apple warned of rising memory and storage costs, which could force product price increases.
• Investors are increasingly pricing in tighter memory supply and enhanced pricing power for the industry, contrasting with slightly softer broader market conditions.
• The upward move is viewed as company- and industry-specific, reflecting a bullish outlook for the memory sector rather than macro-driven factors.