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Why Photronics Stock Popped Another 7.4% Today

TheMotleyFool

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Why Photronics Stock Popped Another 7.4% TodayPhoto, wide shot, wide-angle lens, Telecom equipment supplier, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.theapi.app/temp/3967c11c-b755-4d39-87d0-acc853384c80.png

Photronics (NASDAQ: PLAB) investors are having a terrific week.

Yesterday, shares of the semiconductor-manufacturing equipment maker reported Q4 2019 sales that exceeded analyst estimates -- then followed that up with a prediction of another big "beat" on sales in Q1, sending the stock up more than 20%. Today, Photronics stock ran up once again -- as much as 10% earlier in the day and was still up 7.6% at the close.

Image source: Getty Images.

Source Fool.com

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