Shares of SanDisk Corp. (Nasdaq: SNDK) plummeted $2.75 to $8.53 after the memory card maker swung to a fourth quarter loss of $8.25 per share compared with income of 45 cents per share in the year ago period that missed expectations while announcing the possibility of selling stock to raise cash.
SanDisk Swings To Huge Loss
February 03, 2009 at 13:36 PM EST
