Stock Track | Tradr 2X Long SNDK Daily ETF Soars 9.76% in Pre-market on Morgan Stanley Target Hike and Bullish SanDisk Earnings Outlook

Stock Track

Apr 29

The Tradr 2X Long SNDK Daily ETF (SNXX) experienced a significant pre-market surge of 9.76% on Wednesday. This leveraged ETF, which aims to deliver twice the daily return of SanDisk (SNDK), rebounded sharply following volatility in the previous trading session.

The pre-market rally is primarily attributed to a major analyst upgrade and optimistic sentiment surrounding its underlying stock, SanDisk. Morgan Stanley significantly raised its price target on SanDisk to $1,100 from $690 while maintaining an Overweight rating, a move that is well above the current analyst consensus. This bullish revision has fueled investor confidence ahead of SanDisk's scheduled fiscal third-quarter earnings report.

Furthermore, market expectations are being driven by a robust outlook for the NAND flash memory sector, with analysts citing a "super cycle" fueled by surging artificial intelligence-driven storage demand. Generative AI inference workloads are projected to drive annual storage demand growth exceeding 60%, significantly benefiting SanDisk's data center business and, by extension, the leveraged ETF tracking its performance.

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.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/1116626310"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1116626310\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1116626310?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-29 16:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1116626310","market":"sg","top_or_hot":-1,"title":"Stock Track | Tradr 2X Long SNDK Daily ETF Soars 9.76% in Pre-market on Morgan Stanley Target Hike and Bullish SanDisk Earnings Outlook","media":"Stock Track","content":"<p>The Tradr 2X Long SNDK Daily ETF (SNXX) experienced a significant pre-market surge of 9.76% on Wednesday. This leveraged ETF, which aims to deliver twice the daily return of SanDisk (SNDK), rebounded sharply following volatility in the previous trading session.</p><p>The pre-market rally is primarily attributed to a major analyst upgrade and optimistic sentiment surrounding its underlying stock, SanDisk. Morgan Stanley significantly raised its price target on SanDisk to $1,100 from $690 while maintaining an Overweight rating, a move that is well above the current analyst consensus. This bullish revision has fueled investor confidence ahead of SanDisk's scheduled fiscal third-quarter earnings report.</p><p>Furthermore, market expectations are being driven by a robust outlook for the NAND flash memory sector, with analysts citing a \"super cycle\" fueled by surging artificial intelligence-driven storage demand. Generative AI inference workloads are projected to drive annual storage demand growth exceeding 60%, significantly benefiting SanDisk's data center business and, by extension, the leveraged ETF tracking its performance.</p>","source":"ai_movement_en","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>Stock Track | Tradr 2X Long SNDK Daily ETF Soars 9.76% in Pre-market on Morgan Stanley Target Hike and Bullish SanDisk Earnings Outlook</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\">\nStock Track | Tradr 2X Long SNDK Daily ETF Soars 9.76% in Pre-market on Morgan Stanley Target Hike and Bullish SanDisk Earnings Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-04-29 16:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The Tradr 2X Long SNDK Daily ETF (SNXX) experienced a significant pre-market surge of 9.76% on Wednesday. This leveraged ETF, which aims to deliver twice the daily return of SanDisk (SNDK), rebounded sharply following volatility in the previous trading session.</p><p>The pre-market rally is primarily attributed to a major analyst upgrade and optimistic sentiment surrounding its underlying stock, SanDisk. Morgan Stanley significantly raised its price target on SanDisk to $1,100 from $690 while maintaining an Overweight rating, a move that is well above the current analyst consensus. This bullish revision has fueled investor confidence ahead of SanDisk's scheduled fiscal third-quarter earnings report.</p><p>Furthermore, market expectations are being driven by a robust outlook for the NAND flash memory sector, with analysts citing a \"super cycle\" fueled by surging artificial intelligence-driven storage demand. Generative AI inference workloads are projected to drive annual storage demand growth exceeding 60%, significantly benefiting SanDisk's data center business and, by extension, the leveraged ETF tracking its performance.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SNXX","symbol_name":"2倍做多SNDK ETF-Tradr","start_time":0,"source_url":"","article_id":"1116626310","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1116626310","pubTimestamp":1777450080,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"The Tradr 2X Long SNDK Daily ETF (SNXX) experienced a significant pre-market surge of 9.76% on Wednesday. This leveraged ETF, which aims to deliver twice the daily return of SanDisk (SNDK), rebounded...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SNXX":"2倍做多SNDK ETF-Tradr"},"translate_title":"股票追踪|由于摩根士丹利上调目标和看涨SanDisk盈利前景，Tradr 2倍多头SNDK Daily ETF盘前飙升9.76%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SNXX":1},"content_text":"The Tradr 2X Long SNDK Daily ETF (SNXX) experienced a significant pre-market surge of 9.76% on Wednesday. This leveraged ETF, which aims to deliver twice the daily return of SanDisk (SNDK), rebounded sharply following volatility in the previous trading session.The pre-market rally is primarily attributed to a major analyst upgrade and optimistic sentiment surrounding its underlying stock, SanDisk. Morgan Stanley significantly raised its price target on SanDisk to $1,100 from $690 while maintaining an Overweight rating, a move that is well above the current analyst consensus. This bullish revision has fueled investor confidence ahead of SanDisk's scheduled fiscal third-quarter earnings report.Furthermore, market expectations are being driven by a robust outlook for the NAND flash memory sector, with analysts citing a \"super cycle\" fueled by surging artificial intelligence-driven storage demand. Generative AI inference workloads are projected to drive annual storage demand growth exceeding 60%, significantly benefiting SanDisk's data center business and, by extension, the leveraged ETF tracking its performance.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}