Today: 21 May 2026
Sandisk (SNDK) stock jumps 16% after-hours as board adds First Solar CFO and chip rally kicks off 2026
2 January 2026
2 mins read

Sandisk (SNDK) stock jumps 16% after-hours as board adds First Solar CFO and chip rally kicks off 2026

NEW YORK, Jan 2, 2026, 17:40 ET — After-hours

  • Sandisk shares were up about 16% at $275.24 in after-hours trading, after ranging from $242.00 to $277.66.
  • The flash-memory maker said it appointed First Solar CFO Alexander R. Bradley to its board and audit committee.
  • Investors are looking ahead to Sandisk’s Jan. 29 earnings call and next week’s U.S. jobs and inflation data.

Shares of Sandisk Corp rose about 16% to $275.24 in after-hours trading on Friday, after the first regular U.S. session of 2026. After-hours trading is the period outside the 9:30 a.m. to 4 p.m. ET session when stocks continue to trade.

The move put the storage maker among the day’s biggest gainers as investors rotated back into chip and AI-linked hardware names. The Philadelphia semiconductor index ended up 4% on Friday, according to Reuters.

Sandisk also announced after the close that it appointed Alexander R. Bradley, chief financial officer of First Solar, to its board of directors and audit committee. The governance update landed as investors set positions for January’s economic data and the start of the quarterly earnings season.

Bradley has served as CFO of First Solar since 2016, the company said, and his appointment was effective Dec. 30, 2025. “Alex brings exceptional operational finance expertise and strategic insights to Sandisk’s board,” chairman and CEO David Goeckeler said. Business Wire

In a Form 3 filing, Bradley reported no beneficial ownership of Sandisk securities, an SEC document showed. A Form 3 is an initial statement insiders file when they become a director or officer subject to U.S. reporting rules.

Sandisk traded between $242.00 and $277.66 on the day and last stood near the upper end of that range in extended trade. The stock’s prior close was $237.36, implying a one-day gain of roughly 16%.

Other storage and memory names also moved sharply higher. Western Digital was up about 9%, Micron gained about 10.5% and Seagate added about 4.4%, based on late pricing.

Sandisk develops data storage devices and solutions based on NAND flash, a type of memory used in smartphones and solid-state drives. Solid-state drives, or SSDs, store data on chips rather than spinning disks and are commonly used in laptops and data centers.

The company became a standalone public business after Western Digital completed a spin-off of its flash unit on Feb. 21, 2025, a filing showed. Sandisk’s common stock began trading on Nasdaq under the symbol “SNDK.” SEC

Next on Sandisk’s calendar is its fiscal second-quarter report on Jan. 29, when management will host a conference call, the company said. Traders will be focused on commentary around data-center demand, flash pricing and any updates to spending plans.

Beyond the company’s own results, the U.S. employment report due Jan. 9 and the consumer price index report on Jan. 13 are likely to steer rate expectations and risk appetite, Reuters reported. Those shifts can hit high-momentum technology stocks hardest.

From a technical standpoint, investors will be watching whether Sandisk holds above its prior close near $237 and whether it can retest Friday’s peak near $278. A pullback toward $242 would put the day’s lows back in view.

Stock Market Today

  • 3 Middle Eastern Penny Stocks With Market Caps Over US$3M
    May 21, 2026, 12:54 AM EDT. Investors cautious amid geopolitical risks and volatile oil. Three Middle Eastern penny stocks spotlighted for strong financials despite challenges. Airtouch Solar Ltd (market cap ₪15.08M) cut losses 11% annually, with revenue of ₪38.03M but increased net loss of ₪8.12M, maintaining more cash than debt and a 3-year cash runway. Big Tech 50 R&D (market cap ₪10.75M) is pre-revenue, reducing net loss to $2.85M, debt-free with 3+ years cash runway, led by an experienced board. Sonovia Ltd (market cap ₪9.27M) develops anti-bacterial textiles, details limited in the report. These firms show potential in under-the-radar Middle Eastern markets amid uncertain environment.

Latest articles

SPAC ETF Up as SpaceX Heads for SPCX Ticker

SPAC ETF Up as SpaceX Heads for SPCX Ticker

21 May 2026
The SPAC and New Issue ETF, now trading as SPCK, closed up 0.64% at $22.09 on Wednesday after SpaceX filed for a $75 billion IPO under the fund’s old ticker. The fund reported $7.14 million in net assets and 41 holdings as of May 19. New listings included a $75 million IPO from Research Alliance III and filings from FutureCorp Space Acquisition 1 and JAB Acquisition I. The SEC proposed easing share issuance rules for public companies.
EnerSys Stock Flips After Earnings as Guidance Tops Trader Hopes

EnerSys Stock Flips After Earnings as Guidance Tops Trader Hopes

21 May 2026
EnerSys shares rose in after-hours trading after the company posted fourth-quarter adjusted earnings of $3.19 per share on $988 million in revenue, both above analyst estimates. The stock closed regular hours down 1.3% at $214.56, then quoted up 5.8% to $227. First-quarter profit guidance also topped forecasts. Management cited strong data center and defense demand, but noted continued weakness in motive-power and transportation.
Silexion Soars After Cancer Study, Liquidity and Nasdaq Issues Linger for SLXN

Silexion Soars After Cancer Study, Liquidity and Nasdaq Issues Linger for SLXN

21 May 2026
Silexion Therapeutics shares surged 97% to $0.5298 on Wednesday with over 325 million shares traded, then fell 9.5% after hours. The move followed news that Israel approved a Phase 2/3 trial of its lead pancreatic cancer drug, SIL204. Silexion reported a Q1 net loss of $2.7 million and $2.4 million in cash. The company plans a 1-for-10 reverse share split by early June.
Broadcom stock today: AVGO holds gains after hours as CFO sale notice and chip rally grab attention
Previous Story

Broadcom stock today: AVGO holds gains after hours as CFO sale notice and chip rally grab attention

Western Digital stock surges nearly 9% to start 2026 — what’s driving WDC now
Next Story

Western Digital stock surges nearly 9% to start 2026 — what’s driving WDC now

Go toTop