PHOTRONICS INC
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See all $PLAB insider activity →Levi & Korsinsky says a class action was filed against Photronics, Inc. (NASDAQ: PLAB) for investors who bought shares between Dec. 10, 2025 and May 27, 2026. The firm links PLAB’s May 28 drop from $53.51 to $34.02 to Q2 results: $209.9M revenue, IC revenue down 11% sequentially, and weaker guidance. Lead plaintiff deadline is Sept. 4, 2026.
Photronics (NASDAQ: PLAB) shares fell $19.49 (36%) on May 28, 2026 after Q2 2026 results showed declines in revenue (-6.7%), IC revenue (-11%), operating margins (-17.6%), GAAP net income (-26.8%) and non-GAAP net income (-30%). Hagens Berman opened an investigation, alleging possible misleading accounting after a Dec. 10, 2025 tax allowance reversal boosted non-GAAP EPS.
After the Nasdaq rebounded 1.8% and Treasury yields eased, several semiconductor stocks rose in the afternoon. The article links the move to lower rate pressure after Trump’s Iran peace-deal announcement and a drop in the 10-year yield to 4.47%. Penguin Solutions rose 8.2%, onsemi 4.1%, and Photronics 4.4%.
Recent PLAB coverage spans market movers, earnings and financial news.
The article centers on a sharp repricing tied to Photronics’ May 28 earnings disclosures, plus a new class-action filing alleging misleading statements.
The article frames a potential securities-law/accounting issue tied to a prior tax-allowance reversal and subsequent weak Q2 performance.
Price action is presented as a rates/sector repricing event rather than company-specific news.
Likely a beta trade to semiconductor sentiment rather than a new Photronics catalyst.
Short-term positive sentiment from sector read-across; catalyst is indirect rather than company-specific.
alphai scores every news story that mentions PLAB with an AI model for sentiment and relevance, and aggregates insider trades from PHOTRONICS INC's SEC EDGAR Form 4 filings. Figures refresh continuously.
Levi & Korsinsky says a class action was filed against Photronics, Inc. (NASDAQ: PLAB) for investors who bought shares between Dec. 10, 2025 and May 27, 2026. The firm links PLAB’s May 28 drop from $53.51 to $34.02 to Q2 results: $209.9M revenue, IC revenue down 11% sequentially, and weaker guidance. Lead plaintiff deadline is Sept. 4, 2026.
3 min readPhotronics (NASDAQ: PLAB) shares fell $19.49 (36%) on May 28, 2026 after Q2 2026 results showed declines in revenue (-6.7%), IC revenue (-11%), operating margins (-17.6%), GAAP net income (-26.8%) and non-GAAP net income (-30%). Hagens Berman opened an investigation, alleging possible misleading accounting after a Dec. 10, 2025 tax allowance reversal boosted non-GAAP EPS.
3 min readAfter the Nasdaq rebounded 1.8% and Treasury yields eased, several semiconductor stocks rose in the afternoon. The article links the move to lower rate pressure after Trump’s Iran peace-deal announcement and a drop in the 10-year yield to 4.47%. Penguin Solutions rose 8.2%, onsemi 4.1%, and Photronics 4.4%.
6 min readSemtech (SMTC) rose 5.9%, Lam Research (LRCX) gained 8.3%, and Photronics (PLAB) jumped 5.1% after a prior-day semiconductor selloff eased, according to the article. It cited Nvidia CEO Jensen Huang’s comments that the drop offered a “buy at a discount” and that AI is still early. The piece also notes Lam Research is up 77.6% YTD at $328.70, near its 52-week high.
4 min readAfter Jensen Huang’s GTC Taipei keynote at Computex, Applied Materials and Photronics rose in afternoon trading, up 5.8% and 3.9%, respectively. Nvidia, according to the article, said its “Vera Rubin” platform is in full production and highlighted RTX Spark, an Arm-based AI PC chip co-developed with MediaTek, launching later this year. The piece links equipment demand to AI data-center and PC buildouts.
6 min readUS Q1 GDP was revised to +1.6% (q/q annualized) from +2.0% expected; Q1 personal consumption was cut to +1.4%, while core PCE rose to a 3-year high of +4.4%. Apr new home sales fell 6.2% m/m to 622k. Stocks rebounded after Axios reported a preliminary US-Iran deal to extend the ceasefire 60 days and begin nuclear talks. Fed hawkishness weighed; markets priced a 3% chance of a 25 bp June cut.
7 min readPhotronics shares fell 37.5% this week, according to S&P Global Market Intelligence, after the photomask maker reported disappointing second-quarter results. The company said revenue declined 6.7% sequentially and 0.5% year over year. Despite profitability (net income $31.4 million), investors reacted, pushing the stock to about a 12 P/E.
5 min readPhotronics (PLAB) shares fell 34.9% after the company reported Q1 results that missed analysts: adjusted EPS was $0.42 vs $0.53 consensus, and revenue was $209.9M vs $216M. Q3 guidance called for EPS of $0.39–$0.45 and revenue $207–$215M, below estimates, citing delayed customer design starts and limited near-term visibility.
6 min readLevi & Korsinsky said it has opened an investigation into Photronics (NASDAQ: PLAB), alleging potentially misleading statements by officers and directors about the company’s competitive positioning. The firm cited CEO George Makrokostas’s claims on Dec. 10, 2025, and said Photronics’ Q2 FY2026 results on May 28, 2026 missed its own guidance, with the stock down about 30% in one session.
4 min readPhotronics (NASDAQ:PLAB) issued Q3 2026 guidance: EPS of $0.390–$0.450 versus a $0.530 consensus, and revenue of $207.0 million–$215.0 million versus $218.7 million consensus. The stock fell to $34.02 on heavy volume. In its prior quarter, PLAB reported $0.42 EPS and $209.94 million revenue, both below consensus.
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