Business · Companies · 3 hrs ago

SanDisk expects revenue to nearly quintuple and plans a stock split

SanDisk expects revenue to nearly quintuple and plans a stock split

SanDisk expects revenue to nearly quintuple, according to its latest outlook.

The company also says a stock split is on the way.

SanDisk separated from Western Digital 20 months ago.

Since then, its stock has climbed more than 2,600%.

Its share price is now among the highest in the S&P 500.

The planned split is the next step mentioned, but no timing or other details are provided.

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