$IPGP Stock Update

Unfortunately IPG is down some 39% for the quarter. The fiber-optic equipment market has been volatile ever since tarrif war started, and will most likely stay volatile until it is over.

IPGP fell 11% in September had nearly no news of its own last month, but the stock plunged anyway due to rumblings elsewhere in the fiber-optic equipment sector.

Early October saw further decline following disappointing preliminary earnings which sent the whole sector spinning

IPGP-Oct

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