SNDG is trading 6.3% higher in after-hours at $6.92, extending a sharp intraday rebound following a 29.1% surge during the regular session.
- The technology-led rally is being driven by Microsoft’s earnings beat and cooling PCE inflation data, which have eased concerns over AI infrastructure spending.
- Significant short-covering in high-beta chip names is boosting leveraged semiconductor exposure after a multi-day selloff triggered by geopolitical tensions.