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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

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5.970%
A very strong showing by Camtek Ltd. today, with an increase of €8.40 (5.970%) compared to yesterday's price.
Camtek Ltd. is currently one of the favorites of our community with 14 Buy predictions and no Sell predictions.
On the other hand, the target price of 149 € is below the current price of 149.15 € for Camtek Ltd., so the potential is actually -0.1%.
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