SanDisk separated from Western Digital in February 2025 and once again became an independently traded company. They couldn't have picked a better time for this spin-off, because demand for their products shot up sharply and the stock has already risen by more than 450% this year. I don't own any shares, but I enjoy watching it.
What do you think about this story? Is anyone here invested in $SNDK?
Whether the timing was ideal is anyone’s guess. If they had waited a few months, they would have been putting shares on the market at a completely different price. As it stands, the market benefited more than WD did, but apparently they recently still sold off a “small” amount for about $3 billion.
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