SanDisk's Cyclical Conundrum: When Boom Turns Bust SanDisk's recent earnings report was a mixed bag for investors. Despite record breaking revenue growth of 372% year over year and a gross margin of 84.
6%, the stock plummeted 5. 4% after the announcement. Investors seem more concerned with SanDisk's guidance for the next quarter than its exceptional performance.
SanDisk operates in the volatile NAND flash memory market, where prices boom when supply is scarce and crash when it becomes abundant.