Sandisk stock price stalls amid secondary public share offering. Is the 2026 memory chip rally about to end? |
Sandisk Corporation has announced plans for a secondary public offering.
The data storage company will open up 5,821,135 common stock shares (Nasdaq:SNDK) at $545 a pop. The shares are currently owned by Western Digital Corporation (WDC), Sandisk’s former parent company.
Sandisk separated........