SanDisk Corp ( (SNDK) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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SanDisk Corp shares moved as traders reacted to unusually heavy options activity, with elevated implied volatility and a flatter put‑call skew pointing to a modestly bullish stance in the options market. Reflecting this more positive sentiment, Raymond James raised its rating on SanDisk to Outperform, signaling increased confidence in the stock’s future performance.
More about SanDisk Corp
YTD Price Performance: 192.99%
Average Trading Volume: 14,609,131
Technical Sentiment Signal: Strong Buy
Current Market Cap: $98.17B
For further insights into SNDK stock on TipRanks’ Stock Analysis page.
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