Why IPG Photonics Corp. Shares Fell 11.1% Last Month [The Motley Fool]
IPG Photonics Corporation (IPGP)
Last ipg photonics corporation earnings: 2/13 08:00 am
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Source: The Motley Fool
Investors in this fiber-laser specialist are not big fans of trade tensions between the U.S. and China. Anders Bylund ( TMFZahrim ) Oct 9, 2018 at 4:07PM What happened Shares of IPG Photonics ( NASDAQ:IPGP ) fell 11.1% in September, according to data from S&P Global Market Intelligence . The maker of fiber lasers and fiber amplifiers had nearly no news of its own last month, but the stock plunged anyway due to rumblings elsewhere in the fiber-optic equipment sector. So what In the first week of September, analyst firm B. Riley downgraded two major players in the fiber-optic laser sector. Citing unpredictable order volumes due to the ongoing trade war with China, analyst Dave Kang lowered both Fabrinet and II-VI from buy to hold ratings. Many sector peers also lost ground on this news; IPG Photonics shares fell 9.5% over the next two
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News
- IPG Photonics Corporation (NASDAQ:IPGP) Shares Could Be 33% Above Their Intrinsic Value Estimate [Yahoo! Finance]Yahoo! Finance
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- Laser Technology Companies - Coherent (US) and Trumpf (Germany) are the Key Players [Yahoo! Finance]Yahoo! Finance
- IPG Photonics to Announce First Quarter 2024 Financial Results on April 30GlobeNewswire
- Q4 Semiconductor Manufacturing Earnings: Nova (NASDAQ:NVMI) Earns Top Marks [Yahoo! Finance]Yahoo! Finance
IPGP
Earnings
- 2/13/24 - Miss
IPGP
Sec Filings
- 4/3/24 - Form 4
- 4/1/24 - Form 144
- 3/27/24 - Form 4
- IPGP's page on the SEC website