Scalper1 News
SanDisk (SNDK) on Monday lowered its Q4 revenue guidance, citing softer-than-expected sales of retail products and flash-drive memory chips, and its stock fell. The Milpitas, Calif.-based company said in a press release that it now expects revenue of $1.73 billion for the quarter ended Dec. 28. SanDisk had previously forecast revenue of $1.8 billion to $1.85 billion. SanDisk stock was down 13% in midday trading in the stock market today, near 85, Scalper1 News
Scalper1 News