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MarketBeat
MarketBeat
Sam Quirke

Sandisk Just Delivered a Blowout Quarter—Here's Why the Stock Is Falling

Sandisk Corporation (NASDAQ: SNDK) might have just posted one of the most eye-catching earnings beats of the season, but the share price reaction has left investors scratching their heads.

Despite the company crushing expectations on both the top and bottom lines in its Aug. 5 report, the stock was down more than 8% in the next day's pre-market session.

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