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Everyone is asking: Why did SanDisk surge nearly 11% again?
Pharaohâs answer is simple: index inclusion.
Next week, SanDisk is officially set to join the S&P 100, which means passive funds tracking the index need to adjust their holdings ahead of the effective date. In other words, part of this buying is mechanical demandânot necessarily a fresh fundamental revaluation.
Think of it like Pharaohâs pyramid: the bricks have to be stacked before the deadline. #D
Ansvarsfriskrivning: OKX Orbit-innehÄll tillhandahÄlls endast i informationssyfte. LÀs mer
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