Postaus

$SNDK reported a strong Q4, but the stock still sold off. Why? 📉 Q4 Revenue: $8.965B Market Estimate: $8.394B ✅ So why did the shares fall despite beating expectations? 1️⃣ The earnings beat was largely priced in, with investors already expecting strong results. 2️⃣ Management didn't provide a meaningfully stronger growth outlook to justify further upside. 3️⃣ After a sharp rally, SanDisk was trading at elevated levels, making it vulnerable to profit-taking. 4️⃣ In today's market, meeting expectations isn't always enough—investors often sell the news after strong runs. 📌 As a result, yesterday's 1,483 level could mark the recent rebound high unless a new catalyst emerges. #SandiskBeatAndBuyback #CircleArcLaunch