Photronics, Inc. (PLAB) Scrutinized After $1.1 Billion Market Cap Wipeout Amid Operational Reality Surprise - HBSS

SAN FRANCISCO, June 4, 2026 /PRNewswire/ -- Investors in Photronics, Inc. (NASDAQ: PLAB) saw the price of their shares plunge $19.49 (-36%) on May 28, 2026 after the company reported Q2 2026 results that bring into question earlier statements about its operations and prospects. The developments have prompted Hagens Berman to open an investigation into whether Photronics and its management may have misled investors about its accounting and violated the federal securities laws.