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KLA Corporation Stock Falls from an All-Time High on Weak Guidance
KLACKLA(KLAC) Investopedia·2024-01-26 20:25

Key TakeawaysKLA Corporation warned that the current quarter will be the low point of the year as it faces a challenging market environment.The semiconductor equipment maker posted guidance that was below estimates, even as its quarterly results were better than expected.Shares of KLA fell from their all-time high set yesterday.Shares of KLA Corporation (KLAC) tumbled as the semiconductor equipment maker’s current quarter outlook was lower than expected on “challenging” market conditions.The company anticip ...