Law Offices of Howard G. Smith announces an investigation on behalf of Photronics, Inc. (“Photronics” or the “Company”) (NASDAQ: PLAB) investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN PHOTRONICS, INC. (PLAB), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Happened?
On May 28, 2026, Photronics reported second quarter 2026 earnings, including revenue of $209 million, a year over year decline, and operating margins of 20.1%, down from 26.4% in the prior year. In a press release, the Company revealed “[i]n the near term, certain design releases have been delayed due to elevated fab utilization rates, which are extending new product launch timelines, memory supply constraints and related cost pressures for OEMs, and geopolitical uncertainty.”
On this news, Photronics’ stock price fell $19.49, or 36.4%, to close at $34.02 per share on May 28, 2026, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased Photronics securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: howardsmith@howardsmithlaw.com,
Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260529413507/en/
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