ATLANTA, GA – – (Globe Newswire – July 7, 2026) – – A shareholder class action lawsuit has been filed against Photronics, Inc. (“Photronics”) (NASDAQ: PLAB). The lawsuit alleges that Defendants made false and misleading statements and/or failed to disclose material adverse facts concerning the state of Photronics’ high-end product pipeline, customer schedules, and the stability of the alleged demand for its products; notably, that the seasonal recovery and design release momentum following the Chinese New Year holiday Photronics was claiming would develop had stalled.

 If you purchased Photronics shares between December 10, 2025 and May 27, 2026, and experienced a loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832, or by visiting the firm’s website at www.holzerlaw.com/case/photronics/ for more information. 

 The deadline to ask the court to be appointed lead plaintiff in the case is September 4, 2026.