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.
SanDisk's Outlook Disappoints
January 29, 2010 at 12:23 PM EST
