The shares of SanDisk Corporation (NASDAQ:SNDK) fell over 13 percent closing at $83.57 after a poor revenue forecast from the company. The primary reason involves poor sales figures for its flash memory storage products and other retail supplies. The memory chipmaker said yesterday that its revenue figures are likely to end upon the lower end…
SanDisk Corporation (SNDK) Seeks New Opportunities In NAND Flash Products Which CEO Mehrotra Believes Have A Strong Potential
The shares of SanDisk Corporation (NASDAQ:SNDK) fell nearly 5% during the extended trading session after the chipmaker announced less-than-expected revenue for its third quarter 2014. Further, the company expects lower revenue for the current quarter considering timid supply constraints. SanDisk Corporation reported net revenue of $1.75 billion for its third quarter 2014 with a 7%…
SanDisk Corporation (SNDK) Has Big Plans With $1.2 Billion Fusion-io Acquisition
It all began as rumors then SanDisk Corporation (NASDAQ:SNDK) announced a plan to buy Fusion-io at $1.2 billion about two months ago. This acquisition came at a time when Fusion-io wasn’t doing very well in the market, making the sale a breakthrough to the company owners. According to an article by Gigaom, the deal has…