SanDisk Earnings Beat Triggers 20% Premarket Hit In These ETFs
SanDisk 2x ETFs were down over 20% premarket despite the memory giant's 437% YoY data center revenue surge. Cautious guidance was to blame.
SanDisk had great earnings with huge data center sales growth, but investors got worried because the company was careful about what it promised next. When people worry, some special investment products that track SanDisk move a lot.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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