Meta Platforms (META) and Sandisk (SNDK) announced their first-ever stock splits within eight days of each other. Meta will issue a non-voting Class C share dividend to Class A holders on a one-for-one basis after the January 19 effective date, effectively a 2-for-1 split of Class A shares, after its stock traded between $500 and $750 for more than two years. Sandisk's board approved an 8-for-1 forward split effective after the close of trading on November 19 to make its shares more accessible to retail investors and employees, after the stock rose more than 6,000% at one point since its public debut. The article notes Sandisk's gross margin near 85% and its 2027 projected EPS rising from under $10 to nearly $228 over the past 14 months. It also cautions that memory and storage products are highly cyclical and that the risk of an AI bubble bursting remains.
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Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 11/04/2026 | 200.28 |
| Change that session | -3.10% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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