LinkedIn said it expects first-quarter revenue of about $ 820 million, but Wall Street had actually expected about $ 868.3 million.
Top News & & Analysis SanDisk
tanked after cutting sales forecasts, making it the worst entertainer on both the S&P 500 and Nasdaq. The storage-chip manufacturer slashed sales quotes for its first quarter, pointing out lower than expected need in its enterprise department and discounted prices. SanDisk anticipates earnings of.3 billion over the three months to March. That’s below previous assistance as high as.45 billion. This is the 2nd frustration in as many months. Two months earlier, SanDisk’s preliminary profits assistance missed out on estimates of.6 billion. SanDisk shares plunged nearly 20 % to.20 on Thursday.
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