Volume Spike Investor

SanDisk Corporation (NASDAQ: SNDK) is trading higher on a 65% revenue gain as flash memory continues to face stronger markets.  Earnings were $0.95 EPS and revenue was $1.09 billion versus Thomson Reuters estimates of $0.59 EPS and $986 million in revenue. Auriga maintained a SELL rating but no one is looking at that today.  Shares [...]

You probably already saw how much SanDisk Corp. (NASDAQ: SNDK) blew through its earnings estimates.  We have full details over at 24/7 Wall Street. UPDATE 7:58 AM EST (OCT 21):  Shares are now trading under $23.00 at $22.96 and we have seen 180,000 shares trade hands.  With an average of 7.4 million shares per day, [...]

SanDisk Corp. (Nasdaq: SNDK) shares are down more than 6 percent to $17.70 in very early premarket trading around 7:30 a.m., on volume of less than 5,000 shares. The stock was among the most active after hours, after it beat EPS expectations and returned to profitability, but guided cautiously. The company expects third-quarter revenue in the [...]

SanDisk Corp. (Nasdaq: SNDK) shares are up about 2.5 percent to $14.85 on nearly 10,000 shares traded. Thomas Weisel this morning upgraded the stock to an Overweight from a Market Weight rating.

SanDisk Corp. (NASDAQ: SNDK) is seeing some unusual options trading in the near months contracts today.  Here we show the options contracts by strike and by month with open interest there: JUL08 CALLS   Volume   OpInt $25.00            9,821    25,781 $27.50            17,840  29,408 $30.00            1,957    11,285 $32.50            4,567    10,185 AUG08 CALLS  Volume  [...]