Featured · Silicon
Photronics insiders moved to sell $800,000 of stock days after its $166 million buyback ended
An officer-director sold 10,000 Photronics shares with no trading plan on file 12 days after the company confirmed its $166 million buyback was finished, and two notices to sell 17,000 more shares followed within three days. With the company bid gone, a $43 bull-case value now argues with a securities class action and a quarterly guide spread $20 million wide.
· 3 min read
