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SanDisk stock slide makes company an attractive target - analysts
2015-04-07 01:15:20| Electronics - Topix.net
Data storage products maker SanDisk Corp, whose stock has lost 40 percent since touching a record high in July, has become a potential target for companies looking to boost their presence in the enterprise market, analysts said. The stock has slipped nearly 32 percent this year alone as SanDisk reported a string of issues, including unplanned maintenance at its chip foundry, weak sales of enterprise products and lean inventory levels of NAND memory chips.
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Category:Electronics and Electrical