The Traderszone Network

Published in TZ Latest News 17 May, 2017 by The TZ Newswire Staff

Why Shares of Photronics Are Down Today

Shares of semiconductor photomask manufacturer Photronics (NASDAQ: PLAB) slumped on Wednesday after the company reported fiscal second-quarter results. Photronics missed analyst estimates across the board, posting a larger-than-expected revenue decline. The stock was down about 9.1% as of 1:11 p.m. EDT.

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