SanDisk shares jump 13% on report of exploring a sale

Shares of computer memory company SanDisk jumped after a televised Bloomberg report said the company is working with a banker to explore a sale.

Micron and Western Digital have expressed interested in SanDisk, according to a report.

While no decision has been made as of yet, a deal would require the go-ahead from SanDisk's partner, Toshiba.

SanDisk closed at $61.77 Tuesday and jumped on the report in the after-hours. See what SanDisk shares are doing now.

SanDisk Corp. compact flash (CF) cards.
Andrew Harrer | Bloomberg | Getty Images
SanDisk Corp. compact flash (CF) cards.

SanDisk did not immediately respond to requests for comment. Micron and Western Digital declined to comment.

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