SanDisk (SNDK) volatility flat as shares trade lower on guidance

SanDisk (Nasdaq: SNDK) is recently down $5.57 to $34.90 in the premarket on weak guidance. Deutsche Bank lowered its rating to Hold from Buy. Overall option implied volatility of 45 is near its 26-week average of 43 according to Track Data, suggesting non-directional price movement.

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