Sandisk is falling after earnings. Here's what Wall Street says.

SanDisk (NAND flash chips maker) shares fell 9% in premarket after its guidance disappointed investors. The update is being viewed by analysts as a negative read-through for near-term expectations, driving the sharp premarket selloff.

Analysis

SanDisk (NAND flash chips maker) shares fell 9% in premarket after its guidance disappointed investors. The update is being viewed by analysts as a negative read-through for near-term expectations, driving the sharp premarket selloff.