Why Sandisk Stock Blasted 15% Higher Today
The Trump administration seemed to be softening its stance on trade with China on Monday, and relieved investors put money into companies that depend on exports from that country. One such business is Sandisk (NASDAQ: SNDK); the company's stock rose by over 15% in answer to this plus a pair of analyst price-target raises.
Sunday night on President Trump's favored media platform, his Truth Social site, he posted a message about this country's relationship with the Asian nation.
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Source Fool.com
