SNXX is trading at $13.30 (+3.38%) as Sandisk shares were modestly higher premarket, supporting SNXX’s leveraged exposure.

  • Investors continue favoring Sandisk’s AI-driven NAND and data-center memory demand outlook.
  • The advance appears to be a rebound after Sandisk’s recent sharp pullback, despite broader technology weakness.
  • Higher oil prices and hawkish Fed expectations remain offsetting macro headwinds on August 31, 2026.