KLA Corporation Stock Falls from an All-Time High on Weak Guidance
KLAKLA(US: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 ...

KLA Corporation Stock Falls from an All-Time High on Weak Guidance - Reportify