Why Camtek Plunged Today
Shares of semiconductor equipment company (NASDAQ: CAMT) plunged on Tuesday, falling 16.8% as of 2:44 p.m. EDT.
Camtek reported earnings this morning, beating analyst expectations. The company even guided to better-than-expected second-quarter numbers and forecast an acceleration in revenue in the second half of the year.
Still, semiconductor stocks were down significantly across the board today, as today's inflation figures triggered a massive rotation out of the sector after a huge run.
Source Fool.com
Camtek Ltd. Stock
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5.020%
Camtek Ltd. is currently one of the favorites of our community with 17 Buy predictions and no Sell predictions.
With a target price of 137 € there is a slightly positive potential of 3.12% for Camtek Ltd. compared to the current price of 132.85 €.
