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Why Camtek Plunged Today

TheMotleyFool 
0 0 12.05.26
Why Camtek Plunged TodayPhoto, wide shot, wide-angle lens, Consumer electronics manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Hiroshi Sugimoto: https://img.theapi.app/temp/d8a4268f-c982-4aa8-a09e-f9ee1db62f57.png
 

Shares of semiconductor equipment company (NASDAQ: CAMT) plunged on Tuesday, falling 16.8% as of 2:44 p.m. EDT.

Camtek reported earnings this morning, beating analyst expectations. The company even guided to better-than-expected second-quarter numbers and forecast an acceleration in revenue in the second half of the year.

Still, semiconductor stocks were down significantly across the board today, as today's inflation figures triggered a massive rotation out of the sector after a huge run.

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Source Fool.com

Camtek Ltd. Stock

€140.75
0.250%
Camtek Ltd. gained 0.250% compared to yesterday.
Camtek Ltd. is currently one of the favorites of our community with 14 Buy predictions and no Sell predictions.
With a target price of 149 € there is a slightly positive potential of 5.86% for Camtek Ltd. compared to the current price of 140.75 €.
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