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Why IPG Photonics Stock Just Crashed

TheMotleyFool

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Laser company IPG Photonics (NASDAQ: IPGP) stock got blasted for a 24.8% loss through 11:45 a.m. ET Tuesday morning despite beating on in its Q1 earnings report.

Heading into the report, analysts forecast IPG to earn $0.27 per share (pro forma) on $256.5 million in sales. In fact, IPG earned $0.29 per share on $265.5 million in sales.

Image source: Getty Images.

Source Fool.com

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