On July 27, ASML Holding NV declined 3.04% in regular trading, trading at $1,681.17/share, with turnover of $866 million. The stock had risen over 3.3% in pre-market trading before reversing sharply, fully erasing earlier gains and extending losses to as much as 6% intraday.
The decline reflects ongoing profit-taking pressure despite strong fundamentals. ASML previously raised its full-year sales guidance to EUR 43-45 billion following robust Q2 results, and multiple institutions significantly raised target prices — including Bank of America lifting its target to $2,845, Bernstein to EUR 2,500, and Citi to EUR 2,200. However, the stock has entered a classic sell-the-news pattern, with the prior session on July 25 also falling 3.01% on similar profit-taking dynamics. The broader semiconductor equipment sector traded lower in sympathy, with Applied Materials down 1.35%, Lam Research down 2.21%, KLA-Tencor down 1.55%, Teradyne down 2.51%, and Amkor Technology down 2.79%.
(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.)