Geopolitics Alpha

Sandisk’s stock is soaring, and these three trends could send it even higher

Published . Updated .

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GEOPOLITICS ALPHASandisk’s stock is soaring, andthese three trends could send iteven higherSNDKEVRGEOPOLITICS ALPHA

Various “structural changes” afoot in the memory industry could help Sandisk shares more than double from here, according to an Evercore analyst.

Directly affected

  • SNDK Sandisk

    Named in this report.

  • EVR Evercore

    Named in this report.

Indirectly affected

  • XLF Financial Select Sector SPDR

    Financial Select Sector SPDR holds the financials sector that Evercore belongs to, so it often moves with news about it.

  • BX Blackstone

    Blackstone is a peer of Evercore in investment advice; rivals often move on the same news.

  • KKR Kkr

    Kkr is a peer of Evercore in investment advice; rivals often move on the same news.

  • BAM Brookfield Asset Management

    Brookfield Asset Management is a peer of Evercore in investment advice; rivals often move on the same news.

  • APO Apollo Global Management

    Apollo Global Management is a peer of Evercore in investment advice; rivals often move on the same news.

  • AMP Ameriprise Financial

    Ameriprise Financial is a peer of Evercore in investment advice; rivals often move on the same news.

  • XLK Technology Select Sector SPDR

    Technology Select Sector SPDR holds the technology sector that Sandisk belongs to, so it often moves with news about it.

  • WDC Western Digital

    Western Digital is a peer of Sandisk in computer storage devices; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SNDK+20.59%-2.88%base+14.82%after closeafter closeafter close
EVR+5.36%-3.55%base+0.95%after closeafter closeafter close
XLF+1.53%-1.92%base+0.51%after closeafter closeafter close
BX+2.42%-2.48%base-0.13%after closeafter closeafter close
KKR+0.48%-4.38%base-0.67%after closeafter closeafter close
BAM+1.22%-1.01%base-1.50%after closeafter closeafter close
APO+0.02%-4.89%base+0.57%after closeafter closeafter close
AMP+1.31%-3.71%base-0.36%after closeafter closeafter close
XLK+4.45%-2.46%base+3.39%after closeafter closeafter close
WDC+11.86%-8.91%base+8.22%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Various “structural changes” afoot in the memory industry could help Sandisk shares more than double from here, according to an Evercore analyst.

Source: MarketWatch

This story

CompanyWhenMoveStatus
AMPthat day-0.36%still updating
AMPthree days earlier-3.71%final price
AMPfive days earlier+1.31%final price
APOthat day+0.57%still updating
APOthree days earlier-4.89%final price
APOfive days earlier+0.02%final price
BAMthat day-1.50%still updating
BAMthree days earlier-1.01%final price
BAMfive days earlier+1.22%final price
BXthat day-0.13%still updating
BXthree days earlier-2.48%final price
BXfive days earlier+2.42%final price
EVRthat day+0.95%still updating
EVRthree days earlier-3.55%final price
EVRfive days earlier+5.36%final price
KKRthat day-0.67%still updating
KKRthree days earlier-4.38%final price
KKRfive days earlier+0.48%final price
SNDKthat day+14.82%still updating
SNDKthree days earlier-2.88%final price
SNDKfive days earlier+20.59%final price
WDCthat day+8.22%still updating
WDCthree days earlier-8.91%final price
WDCfive days earlier+11.86%final price
XLFthat day+0.51%still updating
XLFthree days earlier-1.92%final price
XLFfive days earlier+1.53%final price
XLKthat day+3.39%still updating
XLKthree days earlier-2.46%final price
XLKfive days earlier+4.45%final price

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This story

12 out of 100Price not final

“Sandisk’s stock is soaring, and these three trends could send it even higher” scores 12 out of 100. The score uses 1 sources. The price is not final yet.