Post
Aylaah
SANDISK SLIDES DESPITE STRONG EARNINGS GROWTH
$SNDK dropped 13.47% on October 30, even after reporting 378% year-over-year Q1 revenue growth and issuing stronger-than-expected Q2 guidance.
The company also announced an eight-for-one stock split.
After a massive year-to-date rally, investors may be reassessing how much future growth is already reflected in the valuation.
#SanDiskEarningsSelloff
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
