SanDisk (SNDK) Up on Seagate (STX) Takeover Rumor
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Price: $921.51 +0.51%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.2%
Revenue Growth %: +55.5%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.2%
Revenue Growth %: +55.5%
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According to reports from the EE Times, there are rumors Seagate Technology (NYSE: STX) is in buying all or part of SanDisk (Nasdaq: SNDK). The report said some analysts dismissed the rumor, saying it would be a bad marriage.
Shares of SanDisk are up 8% and Segate is up 1.8% in afternoon trading Thursday.
Link to EE Times Article.
Shares of SanDisk are up 8% and Segate is up 1.8% in afternoon trading Thursday.
Link to EE Times Article.
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