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001122334455554433221100
001122334455554433221100
Symbol PLAB
Name Photronics, Inc.
Currency USD
Sector Information Technology
IndustryGroup Semiconductors & Semiconductor Equipment
Industry Semiconductors & Semiconductor Equipment
Market NASDAQ Global Select
Country United States
State CT
City Brookfield
Zipcode 6804
Website http://www.photronics.com

photronics reports earnings beat and analysts raise target price to thirty five

Photronics, Inc. reported earnings of $0.52 per share for the last quarter, surpassing expectations of $0.47, with revenues of $212.14 million. Analysts project an annual EPS of 2.3, while DA Davidson raised its target price to $35.00, maintaining a "buy" rating. Institutional investors hold 88.38% of the company's stock, with recent insider sales totaling 209,000 shares.

mixed market response to consumer price index as tesla and nvidia rise

The Dow Jones Industrial Average and major indexes showed mixed results following the November consumer price index, which met expectations. Tesla reached a record high with a 1.9% gain, while Nvidia climbed 0.9%. GameStop surged 5.8% after reporting a surprise profit, whereas Dave & Buster's plummeted 16% due to a significant fiscal loss and CEO resignation.
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