Wednesday's Top Sectors: Precious Metals and Apparel Retailers
Apparel Stores Performance: Apparel store shares increased by approximately 3.2% overall, with Childrens Place rising by 11.8% and Urban Outfitters by 9.9% on Wednesday.
Sector Leaders: Precious metals and apparel stores were highlighted as sector leaders in the market on Wednesday.
Market Commentary: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
Video Feature: A video segment was included, focusing on the sector leaders for the day, specifically precious metals and apparel stores.
Trade with 70% Backtested Accuracy
Analyst Views on EXK
About EXK
About the author

SanDisk Reports Strong Q2 Results, Shares Surge
- Strong Earnings Report: SanDisk's second-quarter results exceeded expectations, leading to a 20.9% surge in pre-market trading, with shares reaching $652.00, indicating strong market confidence in its financial health.
- Optimistic Q3 Guidance: The company forecasts third-quarter revenue between $4.4 billion and $4.8 billion, with non-GAAP diluted earnings per share expected to be between $12 and $14, suggesting ongoing improvement in growth potential and profitability.
- Joint Venture Extension: SanDisk announced the extension of its joint venture with Japan's Kioxia Corp. until December 31, 2034, further solidifying their strategic partnership in storage technology and enhancing market competitiveness.
- Positive Market Reaction: The significant rise in stock price reflects investor optimism about the company's future prospects, which may also attract more institutional investors, thereby elevating the company's standing in the industry.

SILVERCORP METALS AND ENDEAVOUR SILVER BOTH RISE BY 6.1%
Silver Corp Metals Performance: Silver Corp Metals has reported a significant increase in its silver production, rising by 6.1%.
Endeavour Silver Growth: Endeavour Silver has also experienced a similar growth in silver production, matching the 6.1% increase.






