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Movers Roundup: SanDisk, Cree
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Among the stock activity stories for Wednesday, May 27, from AP Financial News:
NEW YORK (AP) — Shares of SanDisk Corp. soared after the flash memory card maker renewed a chip patent cross-licensing agreement with Samsung Electronics Co. and secured a guaranteed portion of future memory chip output from the company.
NEW YORK (AP) — Shares of LED light maker Cree Inc. made gains, after the company boosted its fourth-quarter sales and profit estimates above Wall Street expectations. ...
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