Quartz·1 min read·medium

SanDisk stock sank after beating earnings — but investors wanted more

Cris Tolomia
AI Summary

SanDisk reported strong fiscal fourth-quarter revenue of $8.97 billion, exceeding expectations. Despite this, the company's stock price fell due to a weak outlook for the first quarter.

SanDisk reported fiscal fourth-quarter revenue of $8.97 billion, but its first-quarter outlook missed Wall Street expectations

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SanDisk stock sank after beating earnings — but investors wanted more — Headlinne — headlinne