SanDisk's Outlook Disappoints

January 29, 2010 10:23 AM |

SanDisk Corp. (Nasdaq: SNDK) reversed year ago losses of $7.78 per share to post a profit for the fourth quarter of $1.45 per share that beat expectations by a wide margin but the flash memory maker offered a disappointing outlook. The stock price tumbled $3.07 to $25.71.

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