Sandisk Stock Jumps as Nasdaq-100 Entry Nears, Replacing Atlassian
Sandisk shares jumped 7.2% to $912.82 on Monday after Nasdaq said the company will join the Nasdaq-100, replacing Atlassian before April 20. The move follows Sandisk’s return to public markets last year and comes amid surging demand for AI data storage. The reshuffle takes effect before the April 20 market open.