Sandisk Shares Rise 6.81% to $1,387.79
Sandisk shares climbed 6.81% to $1,387.79 at 12:28 p.m. ET on October 19.
Sandisk, the NAND flash-storage supplier NASDAQ:SNDK, enters a cash-generation test after shares climbed 6.81% to $1,387.79 at 12:28 p.m. ET on October 19. TIKR's bullish assessment argues that the recent selloff exaggerated near-term earnings risks. But the rebound leaves a harder question: how mu…