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Photronics shares drop as Reuters reports it warns on results08.19.2009
Reuters was alone on Aug. 19 in reporting that semiconductor gear maker Photronics forecast Q4 results below Wall Street expectations from a conference cal. Shares fell as much as 15 percent to touch a low of $4.36 on Nasdaq during the day and closed down 8 percent. Bloomberg and Dow Jones did not cover the news. |
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