SNDU is trading at $14.64, up +3.39%, on a broader technology and semiconductor rebound.
- Nasdaq futures are higher; Micron and other chip stocks are gaining in pre-market trading.
- The August 7 jobs report showed payrolls falling by 23,000, weakening expectations for near-term Fed tightening and supporting rate-sensitive growth stocks.
- The move appears to be a relief rebound after SanDisk’s sharp post-guidance selloff, rather than a newly reported company-specific catalyst.