By Nate Wolf
Shares of Micron Technology and Sandisk posted solid gains Friday, picking up right where they left off in 2025.
The flash-memory duo were two of the 10 best performers in the S&P 500 in premarket trading. Micron stock rose 3%, while Sandisk jumped 2.8%. The Nasdaq Composite was set to open 1% higher, as tech stocks rallied to begin the new year.
Micron and Sandisk had banner years in 2025. Sandisk was spun off from Western Digital in February at $36 a share. By November, it had joined the S&P 500 and soared 559% to $237.38 as demand for flash-based solid state drives at data centers surged.
Micron, which also makes dynamic random-access memory products, was the second-best performer in the S&P 500 in 2025 among yearlong constituents, gaining 239%. Only Western Digital, with a 282% jump, topped Micron.
The gains Friday followed a rough New Year's Eve for tech stocks. Micron fell 2.5% on Wednesday, while Sandisk slipped 1.2%.
Write to Nate Wolf at nate.wolf@barrons.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
January 02, 2026 07:39 ET (12:39 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments