Movement Alert｜Tradr 2X Long SNDK Daily ETF Rises 8.08% in Pre-Market Trading, Storage Rally Extends on Upgraded Targets and AI-Driven NAND Super Cycle

Market Focus05-26 21:10

On May 26, Tradr 2X Long SNDK Daily ETF (SNXX) rose 8.08% in pre-market trading, trading at $183.90 USD/share, with trading volume of approximately $38.51 million.

The leveraged ETF tracking SanDisk continues to benefit from a wave of bullish Wall Street catalysts. Citi raised its SanDisk target price from $1,300 to $2,025 on May 19, maintaining a Buy rating, citing a structural NAND shortage potentially lasting through 2030. The upgrade was underpinned by Kioxia's strong quarterly results showing revenue up 85% sequentially with operating margins approaching 74%. Citi forecasts NAND average selling prices rising 186% year-over-year in 2026, with enterprise SSD prices surging approximately 265%, driven by generative AI training and inference workloads. Additionally, a separate analyst recently raised SanDisk to Buy with a $3,000 target, citing a forward P/E of just 7x on 2027 earnings. SanDisk itself reported Q3 revenue of $5.95 billion, up 252% year-over-year, with a 69% operating margin, and announced a $6 billion buyback program.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1125728062?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-26 21:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1125728062","market":"hk","top_or_hot":-1,"title":"Movement Alert｜Tradr 2X Long SNDK Daily ETF Rises 8.08% in Pre-Market Trading, Storage Rally Extends on Upgraded Targets and AI-Driven NAND Super Cycle","media":"Market Focus","content":"<p><p>On May 26, Tradr 2X Long SNDK Daily ETF (SNXX) rose 8.08% in pre-market trading, trading at $183.90 USD/share, with trading volume of approximately $38.51 million.</p><p>The leveraged ETF tracking SanDisk continues to benefit from a wave of bullish Wall Street catalysts. Citi raised its SanDisk target price from $1,300 to $2,025 on May 19, maintaining a Buy rating, citing a structural NAND shortage potentially lasting through 2030. The upgrade was underpinned by Kioxia's strong quarterly results showing revenue up 85% sequentially with operating margins approaching 74%. Citi forecasts NAND average selling prices rising 186% year-over-year in 2026, with enterprise SSD prices surging approximately 265%, driven by generative AI training and inference workloads. Additionally, a separate analyst recently raised SanDisk to Buy with a $3,000 target, citing a forward P/E of just 7x on 2027 earnings. SanDisk itself reported Q3 revenue of $5.95 billion, up 252% year-over-year, with a 69% operating margin, and announced a $6 billion buyback program.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜Tradr 2X Long SNDK Daily ETF Rises 8.08% in Pre-Market Trading, Storage Rally Extends on Upgraded Targets and AI-Driven NAND Super Cycle</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜Tradr 2X Long SNDK Daily ETF Rises 8.08% in Pre-Market Trading, Storage Rally Extends on Upgraded Targets and AI-Driven NAND Super Cycle\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-05-26 21:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On May 26, Tradr 2X Long SNDK Daily ETF (SNXX) rose 8.08% in pre-market trading, trading at $183.90 USD/share, with trading volume of approximately $38.51 million.</p><p>The leveraged ETF tracking SanDisk continues to benefit from a wave of bullish Wall Street catalysts. Citi raised its SanDisk target price from $1,300 to $2,025 on May 19, maintaining a Buy rating, citing a structural NAND shortage potentially lasting through 2030. The upgrade was underpinned by Kioxia's strong quarterly results showing revenue up 85% sequentially with operating margins approaching 74%. Citi forecasts NAND average selling prices rising 186% year-over-year in 2026, with enterprise SSD prices surging approximately 265%, driven by generative AI training and inference workloads. Additionally, a separate analyst recently raised SanDisk to Buy with a $3,000 target, citing a forward P/E of just 7x on 2027 earnings. SanDisk itself reported Q3 revenue of $5.95 billion, up 252% year-over-year, with a 69% operating margin, and announced a $6 billion buyback program.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SNXX","symbol_name":"Tradr 2X Long SNDK Daily ETF","start_time":0,"source_url":"","article_id":"1125728062","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1125728062","pubTimestamp":1779801043,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On May 26, Tradr 2X Long SNDK Daily ETF (SNXX) rose 8.08% in pre-market trading, trading at $183.90 USD/share, with trading volume of approximately $38.51 million.The leveraged ETF tracking SanDisk...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SNXX":"Tradr 2X Long SNDK Daily ETF"},"translate_title":"走势警报|Tradr 2倍多头SNDK Daily ETF盘前交易上涨8.08%，存储涨势因目标升级和AI驱动的NAND超级周期而延续","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SNXX":1},"content_text":"On May 26, Tradr 2X Long SNDK Daily ETF (SNXX) rose 8.08% in pre-market trading, trading at $183.90 USD/share, with trading volume of approximately $38.51 million.The leveraged ETF tracking SanDisk continues to benefit from a wave of bullish Wall Street catalysts. Citi raised its SanDisk target price from $1,300 to $2,025 on May 19, maintaining a Buy rating, citing a structural NAND shortage potentially lasting through 2030. The upgrade was underpinned by Kioxia's strong quarterly results showing revenue up 85% sequentially with operating margins approaching 74%. Citi forecasts NAND average selling prices rising 186% year-over-year in 2026, with enterprise SSD prices surging approximately 265%, driven by generative AI training and inference workloads. Additionally, a separate analyst recently raised SanDisk to Buy with a $3,000 target, citing a forward P/E of just 7x on 2027 earnings. SanDisk itself reported Q3 revenue of $5.95 billion, up 252% year-over-year, with a 69% operating margin, and announced a $6 billion buyback program.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1125728062","isCrawlerRequest":true}