Photronics shares are trading lower following worse-than-expected Q2 financial results and soft Q3 guidance.
Portfolio Pulse from Benzinga Newsdesk
Photronics shares are trading lower following worse-than-expected Q2 financial results and soft Q3 guidance.
May 22, 2024 | 10:37 am
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NEGATIVE IMPACT
Photronics shares are trading lower due to worse-than-expected Q2 financial results and soft Q3 guidance.
The company's financial performance in Q2 did not meet market expectations, and the guidance for Q3 is also weak, leading to a negative market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100