Performance falls short of high expectations, triggering sell-off! Sandisk (SNDK.US) receives contrarian support from Wall Street: Strong data center demand drives growth prospects
智通财经2026/10/30 13:11Show original
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Zhihu Tong Finance APP has learned that despite SanDisk (SNDK.US) reporting results and guidance that exceeded expectations and announcing a stock split, investors still seem to have higher expectations for this storage chip company, causing its stock to fall more than 8% in pre-market US trading on Friday (as of press time). However, Wall Street analysts still acknowledged SanDisk's latest results and its commitment to return excess cash to shareholders, although some analysts have lowered their price targets for the stock.
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