On July 1, ASML fell 3.34% in regular trading, trading at approximately $1,928.49/share, with turnover of $777 million. The decline came as the semiconductor equipment sector experienced widespread profit-taking following a period of extraordinary gains.
The pullback was driven by sector-wide selling pressure after the Philadelphia Semiconductor Index posted a cumulative Q2 gain of 81%. ASML had surged over 5% the prior trading day to a fresh all-time high after Degroof Petercam upgraded the stock from Hold to Buy with a 58% target price increase to €2,100. Additional macro headwinds emerged as US June ADP employment data came in below expectations, dampening risk appetite across technology sectors. Within the semiconductor equipment sector, Applied Materials fell 5.49%, Lam Research dropped 6.62%, KLA-Tencor declined 6.55%, Teradyne slid 6.84%, and MKS Instruments lost 4.84%, reflecting broad-based selling rather than company-specific concerns.
(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.)