Kaplan Fox & Kilsheimer LLP announced a securities class action against Photronics, Inc. on behalf of investors who purchased or acquired Photronics securities between December 10, 2025 and May 27, 2026. The complaint alleges that on May 28, 2026, Photronics disclosed second-quarter fiscal 2026 results with revenue and earnings well below internal projections and an 11% sequential drop in IC revenue, and that management attributed the miss to new product launch delays, elevated fab utilization rates, and geopolitical uncertainty. Following the news, Photronics stock fell more than 36% on May 28, 2026. Investors have until September 4, 2026 to seek lead plaintiff appointment.
