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SanDisk Soars 8%: Is the NAND Pricing Cycle Still Accelerating?

Source: 247wallst.com

Market Technicals & FlowsCompany Fundamentals
SanDisk Soars 8%: Is the NAND Pricing Cycle Still Accelerating?

Memory and storage stocks are catching a strong bid despite a softer broader tape, with the iShares Semiconductor ETF (SOXX) up 3% to $516.92. The move suggests supportive near-term momentum for the memory/storage complex rather than a fundamental-wide catalyst.

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