Why Photronics Stock Is Plummeting Today
(NASDAQ: PLAB) stock is getting hammered in Thursday's trading. The photomasks specialist's price was down 33.2% as of 11 a.m. ET and had been off as much as 35.2% earlier in the session.
Before this morning's market open, Photronics released results for the second quarter of its 2026 fiscal year -- which ended May 3. Sales and earnings for the period came in below Wall Street's targets, and the company's forward guidance didn't do anything to assuage investor concerns.
Image source: Getty Images.
Source Fool.com
Photronics Inc. Stock
€25.90
2.210%
Photronics Inc. is currently one of the favorites of our community with 6 Buy predictions and no Sell predictions.
With a target price of 39 € there is a hugely positive potential of 50.58% for Photronics Inc. compared to the current price of 25.9 €.
