Positive Press Coverage Somewhat Unlikely to Impact SanDisk (SNDK) Stock Price

News coverage about SanDisk (NASDAQ:SNDK) has been trending positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. SanDisk earned a media sentiment score of 0.36 on Accern’s scale. Accern also assigned news headlines about the data storage provider an impact score of 46.1499382397915 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of SanDisk (NASDAQ SNDK) traded down $0.39 during midday trading on Wednesday, reaching $76.18. The company’s stock had a trading volume of 8,681,600 shares, compared to its average volume of 3,925,089. The company has a market cap of $15,380.00, a price-to-earnings ratio of 37.16 and a beta of 1.92. SanDisk has a 52-week low of $44.28 and a 52-week high of $78.83.

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About SanDisk

SanDisk Corporation offers flash storage solutions. The Company designs, develops and manufactures data storage solutions in a range of form factors using flash memory, controller, firmware and software technologies. The Company operates through flash memory storage products segment. Its solutions include a range of solid state drives (SSD), embedded products, removable cards, universal serial bus (USB), drives, wireless media drives, digital media players, and wafers and components.

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