On May 28, FormFactor fell 5.37% in regular trading, trading at $126.415/share, with trading volume of $21.63 million, extending recent pullback momentum.

On the news front, FormFactor previously reported strong first-quarter results with revenue reaching $230 million and gross margin improving 5.1 percentage points sequentially to 49.0%, exceeding the high end of expectations. The company also raised its second-quarter guidance, with CPO-related revenue trending toward the high end of the $10-20 million expected range. However, following the post-earnings rally, profit-taking pressure has intensified as investors continue to lock in gains.

Adding to the downside, the broader semiconductor equipment sector is under systematic pressure. Within the sector, ASML Holding fell 0.83%, Applied Materials declined 1.8%, Lam Research dropped 2.72%, AXT Inc lost 1.89%, and KLA-Tencor slid 2.74%, further amplifying FormFactor's decline.

FormFactor is a leading provider of electrical and optical test and measurement technologies across the semiconductor product lifecycle, offering high-performance probe cards, analytical probes, probe stations, and thermal systems to semiconductor companies and scientific institutions worldwide.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)