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Sandisk Stock Has Been Cut Nearly in Half Since June. Should You Buy It Before Thursday's Report?

Source: fool.com

Corporate Guidance & OutlookCompany FundamentalsMarket Technicals & Flows
Sandisk Stock Has Been Cut Nearly in Half Since June. Should You Buy It Before Thursday's Report?

Sandisk shares are down around 46% from their June 25 record close, while management forecast fiscal first-quarter revenue at the midpoint to be about 18% above the previous quarter. The sharp share-price decline contrasts with the sequential revenue growth outlook.

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