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710.40002 USD
61.69
7.99%
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Sandisk Corporation
710.40
61.69
7.99%

Overview

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Description

Sandisk Corporation is a leading provider of NAND flash memory data storage solutions for cloud, client, and consumer markets. The company engages in the development, manufacture, and provision of innovative storage devices and solutions based on NAND flash technology. Its product portfolio includes solid-state drives (SSDs) for enterprise cloud infrastructure, data centers, laptops, and gaming consoles; removable memory cards; and USB flash drives used in smartphones, external storage, and consumer electronics. Sandisk is vertically integrated, producing its flash chips through manufacturing sites in Japan via joint ventures and repackaging them into high-performance SSDs. These offerings serve critical roles in AI data centers, consumer devices, and cloud storage, addressing growing demands for high-speed, reliable data storage. As one of the largest suppliers of NAND flash memory semiconductors globally, Sandisk plays a key role in the electronic technology sector, particularly in computer peripherals and hardware. Founded in 2024 and headquartered in Milpitas, California, the company focuses on advancing storage technologies for diverse applications worldwide.

About

CEO
Mr. David V. Goeckeler
Employees
11000
Address
951 Sandisk Drive
Milpitas, 95035, CA
United States
Phone
408 801 1000
Website
Instrument type
Common stock
Sector
Technology
Industry
Computer Hardware
Country
United States
MIC code
XNGS
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Latest press releases

Mar 5, 2026
Bloomberg 500 (B500) Index Adds Eleven Securities Following March Reconstitution

NEW YORK, March 5, 2026 /PRNewswire/ -- Bloomberg Indices announced the following changes to the Bloomberg 500 (B500) Index effective prior to the open of trading on Thursday, March 12, 2026, to coincide with the March reconstitution of the index. The B500 contains the 500 most highly capitalized US companies weighted by float market cap, reflecting a market capitalization of $58.19 trillion.

AST SpaceMobile, Inc. (ASTS UW), Bloom Energy Corporation (BE UN), Ciena Corporation (CIEN UN), Coherent Corp.S (COHR UN), EchoStar Corporation (SATS UW), Flutter Entertainment PLC (FLUT UN), FTAI Aviation Ltd. (FTAI UW), Lumentum Holdings Inc. (LITE UW), Nebius Group N.V. (NBIS UW), Royal Gold, Inc. (RGLD UW), and Sandisk Corporation of Delaware (SNDK UW) will enter the index. These equities span a variety of sectors, but Technology is most represented amongst this set.

Changes to the B500 Index reflect the results of a purely rules-based index design focused on measuring markets with transparency and representativeness beyond market capitalization alone. As a result, the B500 mitigates potential biases and systematically evaluates potential members, which may lead to earlier additions of qualified companies when compared to indices using a committee-based approach.

Following is the list of membership changes:

Index Event

Security Ticker

Company Name

BICS Sector

Addition

ASTS UW

AST SpaceMobile Inc

Communications

Addition

BE UN

Bloom Energy Corp

Industrials

Addition

CIEN UN

Ciena Corp

Technology

Addition

COHR UN

Coherent Corp

Technology

Addition

SATS UW

EchoStar Corp

Communications

Addition

FLUT UN

Flutter Entertainment PLC

Consumer Discretionary

Addition

FTAI UW

FTAI Aviation Ltd

Industrials

Addition

LITE UW

Lumentum Holdings Inc

Technology

Addition

NBIS UW

Nebius Group NV

Technology

Addition

RGLD UW

Royal Gold Inc

Materials

Addition

SNDK UW

Sandisk Corp/DE

Technology

Deletion

ALGN UW

Align Technology Inc

Health Care

Deletion

ARE UN

Alexandria Real Estate Equities Inc

Real Estate

Deletion

BAH UN

Booz Allen Hamilton Holding Corp

Technology

Deletion

BAX UN

Baxter International Inc

Health Care

Deletion

BF/A UN

Brown-Forman Corp

Consumer Staples

Deletion

BF/B UN

Brown-Forman Corp

Consumer Staples

Deletion

BLDR UN

Builders FirstSource Inc

Consumer Discretionary

Deletion

BSY UW

Bentley Systems Inc

Technology

Deletion

CLX UN

Clorox Co/The

Consumer Staples

Deletion

FDS UN

FactSet Research Systems Inc

Financials

Deletion

NTNX UW

Nutanix Inc

Technology

Deletion

SNAP UN

Snap Inc

Communications

Deletion

SOLS UW

Solstice Advanced Materials Inc

Materials

Deletion

UDR UN

UDR Inc

Real Estate

Deletion

VSNT UW

Versant Media Group Inc

Communications

Deletion

ZBRA UW

Zebra Technologies Corp

Technology

The B500 is available to Terminal clients at {B500 INDEX <GO>}. All research and methodology for the indices are available at bloombergindices.com.

About Bloomberg Index Services Limited

Bloomberg's index team has a proven track record in creating industry-leading and bespoke indices across asset classes, including their flagship fixed income, commodity and equity indices. BISL takes an innovative approach to delivering strategic benchmarks that help market participants address their evolving investment needs. The indices, which are seamlessly integrated with other Bloomberg solutions, draw on a comprehensive range of trusted data and reliable technology for calculations, analytics and workflow automation, along with distribution capabilities that can help amplify the visibility of our customers' products.

About Bloomberg

Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/bloomberg-500-b500-index-adds-eleven-securities-following-march-reconstitution-302704048.html

SOURCE Bloomberg L.P.

Jan 27, 2026
Tradr Debuts Leveraged ETFs on Lumentum, Sandisk and Western Digital

Launch captures the secular renaissance of memory stalwarts SNDK and WDC

NEW YORK, Jan. 27, 2026 /PRNewswire/ -- Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional traders, today launched three new leveraged ETFs on single stocks. The Cboe-listed funds seek to deliver twice (200%) the daily performance of a specific underlying stock. All three ETFs are first-to-market strategies.

The following ETFs are expected to open for trading today:

  • Tradr 2X Long LITE Daily ETF (Cboe: LITX) – Lumentum Holdings Inc. (Nasdaq: LITE)
  • Tradr 2X Long SNDK Daily ETF (Cboe: SNXX) – tracks Sandisk Corp. (Nasdaq: SNDK)
  • Tradr 2X Long WDC Daily ETF (Cboe: WDCX) – tracks Western Digital Inc. (Nasdaq: WDC)

"Both Sandisk and Western Digital have experienced massive positive momentum since last summer," said Matt Markiewicz, Head of Product and Capital Markets at Tradr ETFs. "The renaissance of memory stocks has been one of the U.S. market's brightest yet surprising stories and we are excited to finally give traders high conviction tools to play this secular boom."

Tradr's lineup of 62 leveraged ETFs represents $2 billion in assets under management. Tradr's strategies can be accessed through most brokerage platforms and allow investors to avoid the hassle of using margin and the complexity of options trading. The firm continues its mission of providing sophisticated investors with innovative trading tools that enhance their ability to express market views with precision and efficiency.

For detailed information on Tradr ETFs and the significant risks involved with leveraged ETFs, please visit www.tradretfs.com.

About Tradr ETFs

Tradr ETFs are designed for sophisticated investors and professional traders who are looking to express high conviction investment views. The strategies include leveraged and inverse ETFs that seek short or long exposure to actively traded stocks and ETFs.

IMPORTANT RISK INFORMATION

Tradr ETFs are for sophisticated investors and professional traders with high conviction views and are very different from most other ETFs. The Funds are intended to be used as short-term trading vehicles and pursue leveraged investment objectives, which means they are riskier than alternatives that do not use leverage because the Funds magnify the performance of their underlying security. The volatility of the underlying security may affect a Fund's return as much as, or more than, the return of the underlying security.

Investors in the fund should: (a) understand the risks associated with the use of leverage; (b) understand the consequences of seeking inverse and leveraged investment results; (c) for short ETFs, understand the risk of shorting; (d) intend to actively monitor and manage their investment. Fund performance will likely be significantly different than the benchmark over periods longer than the specified reset period and the performance may trend in the opposite direction than its benchmark over periods other than that period.

Leverage increases the risk of a total loss of an investor's investment, may increase the volatility of the Funds, and may magnify any differences between the performance of the Funds and their reference security. The Funds seek leveraged investment results for a specific period (daily, monthly or quarterly). The exact exposure of an investment in the Fund intra-period will depend upon the movement of the reference security from the end of the prior period until the time of investment by the investor.

The Fund will not attempt to position its portfolio to ensure it does not gain or lose more than a maximum percentage of its net asset value on a given trading day. As a consequence, investors in a Fund that seeks two times daily performance would lose all of their money if the Fund's underlying security moves more than 50% in a direction adverse to the Fund on a given trading day.

ETFs involve risk including possible loss of the full principal value. There is no assurance that the Fund will achieve its investment objective. Principal risks and other important risks may be found in the prospectus. Past performance does not guarantee future results.

ETF shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds. This and other important information about the Fund is contained in the Prospectus, which can be obtained by visiting www.tradretfs.com. The Prospectus should be read carefully before investing.

Distributed by ALPS Distributors, Inc, which is not affiliated with AXS Investments or its Tradr ETFs. AXI000843

(PRNewsfoto/Tradr ETFs)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/tradr-debuts-leveraged-etfs-on-lumentum-sandisk-and-western-digital-302670663.html

SOURCE Tradr ETFs

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