Sandisk stock slips in premarket — what traders are watching after the holiday
Sandisk shares fell about 0.5% in premarket trading Tuesday, tracking declines across chip stocks after the U.S. market reopened from Presidents Day. Investors await Wednesday’s Federal Reserve minutes and key inflation data later in the week. Sandisk last reported earnings on Jan. 29, posting $3.03 billion in revenue and a third-quarter forecast of up to $4.8 billion.