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Why Photronics (PLAB) Shares Are Plunging Today

Shares of semiconductor photomask manufacturer Photronics (NASDAQ:PLAB) fell 13.2% in the morning session after the company reported weak first-quarter 2025 (fiscal Q2) results: Its revenue guidance for the next quarter missed, and its EPS fell short of Wall Street's estimates. The slowdown showed up in both key areas like chip and display masks, which dragged revenue down 3% from the previous year.

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