Scalper1 News
Flash-memory chipmaker SanDisk (SNDK) disappointed investors late Wednesday with a lower gross profit margin than expected for the June quarter, which analysts attributed to its contract with iPhone maker Apple. SanDisk was down 12%, near a two-month low of 95, in midday trading in the stock market today. On Wednesday, SanDisk stock hit an all-time high of 108.77. SanDisk said its Q2 earnings rose 16% vs. the year-earlier quarter to $1.41 a share Scalper1 News
Scalper1 News