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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Photronics, Inc. - PLAB

1. Pomerantz LLP investigates PLAB for securities fraud claims. 2. PLAB reported Q2 2025 revenue of $210.99 million, below expectations. 3. CEO Dr. Frank Lee resigned, potentially impacting company direction. 4. Third quarter guidance misses estimates, indicating ongoing revenue challenges. 5. PLAB's stock dropped 15.55% after negative financial news.

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FAQ

Why Bearish?

The stock's significant decline of 15.55% following poor earnings suggests investor dissatisfaction. Similar past instances, like with companies missing earnings estimates, have led to prolonged bearish trends.

How important is it?

The investigation and leadership change could significantly affect PLAB's market perception and stability. Given the company's earnings miss, market confidence is shaken, leading to potential long-term impacts if unresolved.

Why Short Term?

Immediate investor reactions to earnings misses and executive resignations typically affect stock prices quickly. Historical examples show quick rebounds if recovery strategies are effectively communicated.

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NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Photronics, Inc. (“Photronics” or the “Company”) (NASDAQ: PLAB).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Photronics and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On May 28, 2025, Photronics issued a press release reporting its financial results for the second quarter of 2025.  Among other items, Photronics reported revenue of $210.99 million, representing a 2.8% year-over-year decline and missing consensus estimates by $1.01 million, and non-GAAP earnings per share of $0.40, missing consensus estimates by $0.08.  Photronics also issued third quarter revenue guidance in the range of $200 million to $208 million, compared to consensus estimates of $220 million.  In the same press release, Photronics announced the resignation of Dr. Frank Lee from his role as the Company’s Chief Executive Office, effective immediately.  On this news, Photronics’ stock price fell $3.12 per share, or 15.55%, to close at $16.94 per share on May 28, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes.    CONTACT:Danielle PeytonPomerantz LLPdpeyton@pomlaw.com646-581-9980 ext. 7980

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