SanDisk Stock Pulls Back From Gains After S&P 500 Debut
Sandisk CorporationSandisk Corporation(US:SNDK) Schaeffers Investment Research·2025-11-28 15:19

SanDisk Corp (NASDAQ:SNDK) enters the S&P 500 Index (SPX) today. The shares are surged as high as $237.77 in response, but have since pulled back, last seen flat to trade at $215.24. The 30-day moving average moved in as support last week, with the stock now eyeing a 13.5% November gain.Some of today's bounce could be attributed to short covering. Short interest has been building, and now represents 5.5% of the stock's available float.Over in the options pits, call traders are targeting SanDisk stock straig ...