Sandisk (SNDK) Stock: $937 Friday, One Week Before the…
By Tobi Opeyemi Amure
AI summary of the source article
Sandisk shares fell 4.11 percent to close at $937.46 following news of Nvidia CEO Jensen Huang's resignation. The company is set to begin split-adjusted trading on 20 November following an 8-for-1 stock split.
Why it matters
Sandisk sells a large part of its flash storage into data centres, where it sits alongside Nvidia GPUs in AI systems, as The Motley Fool noted. Any doubt about Nvidia's spending plans reaches the memory makers quickly.
Key facts
- Sandisk stock dropped 4.11 percent to $937.46 after Nvidia announced CEO Jensen Huang had stepped down.
- Sandisk is executing an 8-for-1 stock split, with split-adjusted trading beginning 20 November.
- Nvidia named finance chief Colette Kress as interim CEO.
Source excerpt · FinanceFeeds
Updated 13 November 2026, 07:00 GMT, before the US open. Sandisk (SNDK) closed Thursday at $937.46 , down $40.23 or 4.11 percent, after Nvidia announced that Jensen Huang had resigned as chief executive (StockAnalysis, MarketBeat). Split-adjusted, that is about $117.18 a share. Verdict: the stock recovered from a $869.49 low and still holds most of Wednesday's 13.7 percent rally, one week before t…