SNXX is trading at $14.32 (+4.46%) as MSCI inclusion and AI-related NAND and flash-memory demand support the rebound.

  • The ETF is recovering after Sandisk’s 4.66% decline on September 1; MSCI inclusion was implemented at the August 31 close, supporting passive-index demand.
  • Constrained supply and rising data-center storage needs continue to support Sandisk and the memory sector, while broader markets are nearly flat, suggesting a primarily sector-specific move.