Professional Unwind Could Deck Chip ETFs

Shares of SanDisk (NasdaqGS: SNDK) are off 17% today and earlier touched a new 52-week low after the maker of flash memory products pared its first-quarter revenue estimate to $1.3 billion from $1.4 billion to $1.45 billion while withdrawing guidance for upcoming quarters. The SanDisk shock is...
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