
Sandisk Stock Rises Following Fiscal Q1 Pace, Stock Split
Memory chip maker Sandisk (SNDK) late Thursday beat analyst estimates for its fiscal first quarter and its outlook for the fiscal second quarter. He also announced an eight-for-one stock split. Sandisk shares wavered in extended trading. The Milpitas, Calif.-based company earned an adjusted $49.51 per share on revenue of $11.03 billion in the quarter ended Oct. 2. Analysts surveyed by FactSet had…
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