SanDisk News

The stock market correction has led to some new buying opportunities for investors, and the tech sector could be one of the best places to start picking up bargains.

It offers flash storage card products for a broad range of electronic systems and digital devices by employing flash memory, controller, and firmware technologies.

SanDisk opened at 33.62 on Thursday. SanDisk has a 52-week low of $32.24 and a 52-week high of $53.46. The company has a market cap of $8.190 billion and a price-to-earnings ratio of 9.40. SanDisk last posted its quarterly earnings results on Thursday, April 19th.

This flurry of activity represented more than double SNDK's average daily option volume of about 21,000 contracts.

It is really bad news for a company of Micron Technology's stature when you hear that one of its products, the DRAM, is on the way down due to low demand.

May 28, 2012 -- After three straight weeks of declines, the four main indices managed to end a week on a rise, led by the Nasdaq and the Russell 2000, which rose by over 2 percent.

A The session will be webcast and can be accessed live from SanDisk Corporation's Investor Relations website at www.sandisk.com/IR. A A replay of the webcast will also be made available.

Lawyers for a trio of tech defendants and their joint licensing venture scored a major victory on Monday when San Francisco U.S. District Judge Jeffrey White concluded that consumers of flash memory cards waited too long to sue over an alleged price-fixing scheme.

Semiconductor companies are those that create the products that enable the technology that consumers know and love today.

SanDisk Corporation is a global leader in flash memory storage products. The company sells a variety of such items, including USB flash drives and other portable media , embedded memory for mobile phones and tablets as well as a range of high end solid state drives used in laptops, desktop PCs and network servers.

Shares of SanDisk opened at 33.46 on Thursday. SanDisk has a 52 week low of $32.24 and a 52 week high of $53.46. The company has a market cap of $8.151 billion and a P/E ratio of 9.36. SanDisk last announced its earnings results on Thursday, April 19th.

In a series of articles posted on April 2, 2012 , April 28, 2012 and May 8, 2012 related to SanDisk , an initial protected covered call position has been converted to a bull-put credit spread and rolled multiple times.

Adobe Systems Incorporated today announced the expansion of its board of directors from nine members to 12, and the addition of three new board members, effective May 14, 2012.

A The session will be webcast and can be accessed live from SanDisk Corporation's Investor Relations website at www.sandisk.com/IR. A A replay of the webcast will also be made available.

Ever since its April 19th earnings report, SanDisk stock price has plunged on concerns due to lower earnings guidance.

NEW YORK, NY -- -- 05/09/12 -- Memory chip makers with a strong presence in the NAND flash market have been the strongest performers in the industry.

Oil major Exxon Mobil has toppled Wal-Mart to become the biggest American corporation in the Fortune magazine's list of top 500 US companies, that also features as many as six entities led by Indian-origin individuals.

This year's plunge in NAND flash memory prices, which has taken a toll on SanDisk and Micron's margins and stock prices, continued in the second half of April thanks to weak purchasing activity from Chinese buyers and muted end-market demand.