🟢 Leveraged SanDisk ETF (SNDU) is trading 7.64% up on August 25, 2026, as SanDisk rebounds

SNDU is trading at $21.77 (+7.64%), rebounding after SanDisk’s August 24 selloff, which followed reports that Apple might source memory chips from Chinese suppliers.

• No sourcing deal has been announced, leaving room for relief buying in SanDisk and related memory shares.
• The move is primarily company-sector specific: major U.S. indices are only modestly higher, while SNDU is highly concentrated in SanDisk-linked swaps.