Sandisk Shares Fall 2.3% Ahead of Fiscal First-Quarter Report
Sandisk shares traded at $1,372.51, down 2.3% at 10:35 a.m. ET on October 29, ahead of its scheduled fiscal first-quarter report. The earnings call is set for 4:30 p.m. ET.
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06:31:53 PM UTC
SquawkNews
After an over 470% surge this year, investors are expecting SanDisk Corp.'s (SNDK, Financials) fiscal first-quarter profits to be beyond estimates.If the options expiring on October 30 are to be believed, the share price before the report might go anywhere from $1,280 to $1,459, a 6.5% change in ei…
Sandisk NASDAQ:SNDK has a big revenue target. Now comes the profit test. Shares traded at $1,372.51, down 2.3% at 10:35 a.m. ET on October 29, ahead of its scheduled fiscal first-quarter report.
The flash-memory and storage supplier's earnings call is set for 4:30 p.m. ET, putting revenue growth an…