Why Photronics Stock Popped Another 7.4% Today

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.

Continue reading


Source Fool.com