Watch for SanDisk to Potentially Rebound After Falling 1.75% Yesterday
Comtex SmarTrend(R) - Thu Jul 31, 5:00PM CDT
SanDisk (NASDAQ:SNDK) traded in a range yesterday that spanned from a low of $90.91 to a high of $92.83. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $91.60 on volume of 5.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Look for Shares of SanDisk to Potentially Rebound after Yesterday's 1.75% Sell Off
Comtex SmarTrend(R) - Thu Jul 31, 4:59PM CDT
SanDisk (NASDAQ:SNDK) traded in a range yesterday that spanned from a low of $90.91 to a high of $92.83. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $91.60 on volume of 5.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Western Digital Down Despite Q4 Earnings & Revenue Beat - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 31, 8:00AM CDT
Western Digital Corp. (WDC) reported fourth-quarter fiscal 2014 non-GAAP earnings per share of $1.85, which beat the Zacks Consensus Estimate of $1.74.
The New #26 Most Shorted Nasdaq 100 Component: SanDisk
MarketNewsVideo.com - Fri Jul 25, 2:39PM CDT
The most recent short interest data has been released by the NASDAQ for the 07/15/2014 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the Nasdaq 100 by "days to cover." ...
Is SanDisk's Recent Drop a Buying Opportunity?
Mukesh Baghel, The Motley Fool - Motley Fool - Thu Jul 24, 12:00PM CDT
Flash memory supplier SanDisk fell 13% after releasing its second-quarter results, bringing a halt to its terrific run this year. Surprisingly, SanDisk's current-quarter guidance fell below Wall Street's expectations, as it was unable to...
Why SanDisk Corporation Shares Could Drop Even Further
Srdjan Bejakovic, The Motley Fool - Motley Fool - Thu Jul 24, 10:00AM CDT
SanDisk's impressive and long-running share-price growth came to a screeching halt last week after the company announced second-quarter earnings. Selling price erosion, decreasing gross margin, and guidance that failed to meet analysts'...
Technology Hardware, Storage and Peripherals Stocks on the Move -- Western Digital, NCR Corp., SanDisk, NetApp, and Nimble Storage
PR Newswire - Thu Jul 24, 8:20AM CDT
On Wednesday, July 23, 2014, the NASDAQ Composite ended at 4,473.70, up 0.40%, the Dow Jones Industrial Average finished the day 0.16% lower at 17,086.63, and the S&P 500 closed at 1,987.01, up 0.18%. During the session five out of ten sectors ended in positive. The S&P 500 Information Technology Sector Index ended the day at 656.34, up 0.18%, and the index has advanced 4.45% in the last one month. Investor-Edge has initiated coverage on the following equities: Western Digital Corporation (NASDAQ: WDC), NCR Corporation (NYSE: NCR), SanDisk Corporation (NASDAQ: SNDK), NetApp Inc. (NASDAQ: NTAP), and Nimble Storage Inc. (NYSE: NMBL). Free research on these five companies can be accessed at:
EMC Misses on Q2 Earnings, Revenues Up Y/Y, Boosts Buyback - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 23, 1:10PM CDT
EMC Corp. (EMC) reported second-quarter earnings of 34 cents per share that missed the Zacks Consensus Estimate by a penny.
SanDisk Completes Acquisition of Fusion-io
Business Wire - Wed Jul 23, 8:02AM CDT
SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced it has completed the previously announced acquisition of Fusion-io, a leading developer of flash-based PCIe hardware and software solutions that enhance application performance in enterprise and hyperscale datacenters.
How SSDs Can Help SanDisk Deliver Amazing Growth
Victoria Zhang, The Motley Fool - Motley Fool - Tue Jul 22, 2:00PM CDT
Despite reporting an 11% year over year increase in revenues and a 10% increase in net income for the second quarter, shares of SanDisk Corporation fell 17% July 17. This was the worst one-day decline since Feb. 2009 for the flash memory...
SanDisk Shares Up 13.2% Since SmarTrend's Buy Recommendation (SNDK)
Comtex SmarTrend(R) - Mon Jul 21, 5:26PM CDT
SmarTrend identified an Uptrend for SanDisk (NASDAQ:SNDK) on April 17th, 2014 at $82.76. In approximately 3 months, SanDisk has returned 13.23% as of today's recent price of $93.70.
These Big Companies Just Raised Their Dividends
Eric Volkman, The Motley Fool - Motley Fool - Mon Jul 21, 11:00AM CDT
We're now in the depths of the second earnings season of the year, and since many companies declare dividends along with their financials, we saw a host of dividend raises last week. Something in the neighborhood of 20 firms cranked up their...
3 Quotes From SanDisk's CEO Investors Must Hear
Adam Levy, The Motley Fool - Motley Fool - Mon Jul 21, 10:00AM CDT
SanDisk released its second-quarter earnings on Wednesday, and despite beating analysts' estimates for the quarter, management provided disappointing guidance for the third quarter. The biggest factor driving down guidance is that SanDisk is supply...
3 Predictions for the New Week
Rick Munarriz, The Motley Fool - Motley Fool - Sun Jul 20, 2:01PM CDT
I went out on a limb last week , and now it's time to see how that decision played out. I predicted that SodaStream would move higher on the week. The company behind the beverage platform that fizzes up flat water had hit a two-year low,...
5 of Last Week's Biggest Losers
Rick Munarriz, The Motley Fool - Motley Fool - Sun Jul 20, 11:30AM CDT
There's never a shortage of stocks going the wrong way in any given chunk of time. No stock goes straight up, and sometimes fundamentals can get a bit wobbly. Let's take a closer look at five of this past week's biggest sinkers. Company ...
This Apple Supplier's Weak Outlook Is an Opportunity in Disguise
Harsh Chauhan, The Motley Fool - Motley Fool - Sun Jul 20, 7:00AM CDT
Apple supplier SanDisk has hit a wall. The flash-memory maker was trading at all-time highs going into second-quarter earnings, but dropped close to 14% after the report came out. While SanDisk reported strong results and satisfied...
What's Behind SanDisk's Meager Guidance?
Adam Levy, The Motley Fool - Motley Fool - Sat Jul 19, 9:30AM CDT
The third quarter is historically a strong period for SanDisk , but management guided for revenue of just $1.675 billion-$1.725 billion, representing 4.6% growth at the midpoint. Analysts had been expecting revenue of $1.74 billion. Additionally,...
This Week's 5 Dumbest Stock Moves
Rick Munarriz, The Motley Fool - Motley Fool - Fri Jul 18, 4:15PM CDT
Stupidity is contagious -- even respectable companies can catch it. As we do every week, let's look at five dumb financial events from this past week that may make your head spin. 1. It's raining pink slips It isn't a surprise to see Microsoft ...
Seagate's Q4 Earnings In Line, Revenues Miss, Shares Fall - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jul 18, 9:40AM CDT
Seagate Technology plc (STX) reported fourth-quarter 2014 non-GAAP earnings per share of $1.10, which came in line with the Zacks Consensus Estimate.
Stock Market News for July 18, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Fri Jul 18, 9:10AM CDT
Benchmarks suffered their biggest losses in months on Thursday following reports that a Malaysian Airlines passenger jet was shot down near Ukraine-Russian border