Stock Track | Tradr 2X Long SNDK Daily ETF Soars 11.57% Intraday on Citi Target Upgrade and AI-Driven NAND Supercycle Expectations

Stock Track

05/28

Tradr 2X Long SNDK Daily ETF (SNXX) experienced significant upward movement intraday, soaring 11.57% as the storage sector rally extended.

The leveraged ETF tracking SanDisk continued its multi-day surge, driven primarily by Citi's recent upgrade of its price target for the underlying stock. Analysts cited an AI-driven NAND supercycle as the key catalyst, with investors positioning for sustained growth in memory and storage demand fueled by expanding artificial intelligence workloads.

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