Sandisk is trading $1311.96 (+4.24%) in pre-market as rebound buying follows earnings-driven selling after guidance fell short of elevated expectations.
- Q4 revenue and EPS still beat estimates despite the guidance shortfall.
- Nasdaq futures are up 1.22%, supporting broader technology-market sentiment.
- Memory chips remain weak, with the sector down 5.82% pre-market, limiting confidence in a fundamental turnaround after a sharp 6.81% decline on August 6.