US Stock Market Move | The fourth-quarter financial report exceeded expectations, and Photronics, Inc. (PLAB.US) surged nearly 48% in early trading.

On Wednesday, Photronics, Inc. (PLAB.US) surged nearly 48% in early trading, hitting a historical high of $37.84. In terms of news, on December 10, the company released its fourth quarter financial report for fiscal year 2025, with an adjusted earnings per share of $0.60, surpassing the expected $0.46, and revenue of $2.1577 billion, exceeding the expected $2.05222 billion. Additionally, the company predicts an adjusted earnings per share of $0.51 to $0.59 and revenue of $2.17 billion to $2.25 billion for the first quarter of fiscal year 2026.