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BullRiderPK
$SNDK finally seems to be letting off some of the pressure it’s been holding in. 📈
A few days ago, when I went through SanDisk’s earnings report, I was honestly surprised.
The numbers were extremely strong:
💰 Quarterly revenue: $8.97B, up 51% sequentially
📊 Gross margin: 84.6%
🏢 Data center business: roughly doubled
And yet, despite those numbers, the stock initially sold off after the earnings release.
My first reaction was basically:
“If results like these still aren’t enough, what exactly does the market want?” 😂
Sometimes the fundamentals are already improving, but the market needs time to digest the expectations, positioning, and valuation.
$SNDK $SNDK $SNDK
#CPIPPIEaseFedSplit #SP500Nears8000
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