SanDisk Corp. (SNDK) reported a second quarter EPS loss of $0.10 after the close Monday, compared to the consensus estimate of a profit of $0.13.
SanDisk gapped down sharply Tuesday and fell further in early trade. The stock settled into a narrow range for the majority of the session, to close lower by $4.31 at $13.62 on the highest volume of the year. SanDisk dropped below a 3-week range to set a new low for the year.
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