Sandisk Stock Joining Nasdaq 100. This Software Stock Is Getting Booted Out

Dow Jones

Apr 13

Sandisk stock was rising on Monday after Nasdaq said it would be adding the flash memory product supplier to the Nasdaq 100 index.

Shares climbed 3.8% to $884.31 in morning trading.

Sandisk is set to join the Nasdaq 100 before the market opens on April 20. The stock is up 259% so far this year and 2,439% over the past 12 months, boosted by the expectation that the boom in construction of artificial-intelligence data centers will drive up memory demand.

Software company Atlassian will leave the Nasdaq 100 to make room for Sandisk. Atlassian stock has tumbled 65% in 2026, dragged down by worries about how the rise of AI will disrupt the software industry.

Joining a major index like the S&P 500 or Nasdaq 100 tends to boost a stock, because index and exchange-traded funds are required to buy the new member’s shares.

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This Software Stock Is Getting Booted Out","media":"Dow Jones","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/SNDK\">Sandisk</a> stock was rising on Monday after Nasdaq said it would be adding the flash memory product supplier to the Nasdaq 100 index.</p><p>Shares climbed 3.8% to $884.31 in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/054c416804382129cd75d85f9ef091d2\" title=\"\" tg-width=\"539\" tg-height=\"132\"/></p><p>Sandisk is set to join the Nasdaq 100 before the market opens on April 20. The stock is up 259% so far this year and 2,439% over the past 12 months, boosted by the expectation that the boom in construction of artificial-intelligence data centers will drive up memory demand.</p><p>Software company <a href=\"https://laohu8.com/S/TEAM\">Atlassian</a> will leave the Nasdaq 100 to make room for Sandisk. Atlassian stock has tumbled 65% in 2026, dragged down by worries about how the rise of AI will disrupt the software industry.</p><p>Joining a major index like the S&amp;P 500 or Nasdaq 100 tends to boost a stock, because index and exchange-traded funds are required to buy the new member’s shares.</p></body></html>","source":null,"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>Sandisk Stock Joining Nasdaq 100. 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This Software Stock Is Getting Booted Out\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-13 21:37</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/SNDK\">Sandisk</a> stock was rising on Monday after Nasdaq said it would be adding the flash memory product supplier to the Nasdaq 100 index.</p><p>Shares climbed 3.8% to $884.31 in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/054c416804382129cd75d85f9ef091d2\" title=\"\" tg-width=\"539\" tg-height=\"132\"/></p><p>Sandisk is set to join the Nasdaq 100 before the market opens on April 20. 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