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home / news releases / ipg photonics corporation recovery or more downside

IPGP - IPG Photonics Corporation: Recovery Or More Downside Ahead

IPG Photonics Corporation
  • IPGP surprised by growing sales and profits in Q1 when they were expected to shrink and it had some other encouraging news to share.
  • The market reacted well to the latest updates from IPGP, but it seems to have had a change of heart, possibly for good reasons.
  • The stock has reached a support level that has been in place for years, although the trend is still pointing down.
  • There’s progress, but whether IPGP continues to do so is in doubt, which means going long could turn out to be rewarding or costly.

For further details see:

IPG Photonics Corporation: Recovery Or More Downside Ahead
Stock Information
Company Name: IPG Photonics Corporation
Stock Symbol: IPGP
Market: NASDAQ
Website: ipgphotonics.com
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