SanDisk Shares Fall Nearly 10% in Premarket Despite Earnings Beat
SanDisk shares fell nearly 10% in Friday's premarket, putting them on track to revisit levels last seen in early August, despite stronger-than-expected fiscal first-quarter earnings and an upbeat outlook.
SanDisk (SNDK) shares plunged nearly 10% in Friday's premarket, putting the stock on track to revisit levels last seen in early August, despite the memory-chip maker reporting stronger-than-expected fiscal first-quarter earnings and issuing an upbeat outlook.The decline came amid a broader selloff…