financetom
Business
financetom
/
Business
/
Western Digital Completes SanDisk Spinoff
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Western Digital Completes SanDisk Spinoff
Feb 24, 2025 6:31 AM

09:07 AM EST, 02/24/2025 (MT Newswires) -- Western Digital ( WDC ) said Monday that it has completed the spinoff of its flash business unit SanDisk ( SNDK ) .

Western Digital ( WDC ) said SanDisk ( SNDK ) is now an independent company and will begin trading Monday on the Nasdaq Stock Market under the ticker symbol "SNDK."

The company said it announced plans to separate SanDisk ( SNDK ) from its hard disk drive business in October 2023. Western Digital ( WDC ) said it will concentrate on its hard disk drive business while Sandisk ( SNDK ) will hold its flash business.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Mastercard, Visa Settlement Over Retailer Swipe Fees in Danger Ahead of Judge's Ruling
Mastercard, Visa Settlement Over Retailer Swipe Fees in Danger Ahead of Judge's Ruling
Jun 14, 2024
06:43 AM EDT, 06/14/2024 (MT Newswires) -- A $30 billion agreement to settle antitrust claims by merchants against payment card companies Visa (V) and Mastercard ( MA ) was in danger of collapsing Thursday after a New York judge signaled she was planning to reject it, news outlets reported. US District Judge Margo Brodie told lawyers for the card companies...
Cineplex May Box Office Revenue Down by Almost 30% to $33.9 Million
Cineplex May Box Office Revenue Down by Almost 30% to $33.9 Million
Jun 14, 2024
06:32 AM EDT, 06/14/2024 (MT Newswires) -- Cineplex (CGX.TO) on Thursday reported box office revenue of $33.9 million for May, almost 30% lower than the same month in 2023. Year-to-date, Cineplex said it continues to outperform the North American box office as compared with 2019 by 4.8%. The company reported box office revenue of $47.5 million in May 2023 and...
Frontier Lithium Reports Drill Results on Spark Pegmatite in Ontario
Frontier Lithium Reports Drill Results on Spark Pegmatite in Ontario
Jun 14, 2024
06:43 AM EDT, 06/14/2024 (MT Newswires) -- Frontier Lithium ( LITOF ) on Thursday reported results from drilling on the Spark pegmatite in Ontario to advance the first phase of a definitive feasible study. Highlights of the results include 136.7 meters of pegmatite from surface averaging 1.32 lithium oxide (Li2O), 53.2 meters of pegmatite from surface averaging 1.24% Li2O, and...
China's potential probes on EU firms following EV tariffs
China's potential probes on EU firms following EV tariffs
Jun 14, 2024
BEIJING (Reuters) - Chinese firms have asked the government to launch an anti-dumping investigation into pork imports from the European Union, as well as an anti-subsidy investigation into EU dairy, according to state media. The move, seen as retaliation for new EU tariffs of up to 38.1% on imported Chinese elective vehicles from July, may risk escalating trade tensions. Below...
Copyright 2023-2026 - www.financetom.com All Rights Reserved