Quite a few stocks have benefited from the artificial intelligence (AI) boom, but ASML (ASML -4.95%) has been left behind recently. Shares of the leading maker of lithography equipment to manufacture semiconductors are now trading below their pandemic-era peak as a slower-than-expected rebound and a guidance cut recently sank the shares.However, the long-term picture for the stock still looks promising as the company has a formidable competitive advantage; it's the only maker of extreme ultraviolet lithogra ...

NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against ASML Holding N.V. (NASDAQ: ASML) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in ASML, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/asml-holding-nv. Investors have until January 13, 2025, to ask the Court to be appointed to lea ...

Core Viewpoint - ASML Holding N.V. is facing a class action lawsuit alleging violations of the Securities Exchange Act of 1934 due to misleading statements regarding the semiconductor industry's challenges and ASML's performance during the class period from January 24, 2024, to October 15, 2024 [1][3]. Company Summary - ASML develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers [2]. - The lawsuit claims that ASML and its executives made false statements about the severity of issues faced by suppliers in the semiconductor industry and the pace of recovery in sales [3]. - On October 15, 2024, ASML reported a quarterly booking of €2.63 billion, a 53% decline from €5.6 billion in the previous quarter, and revised its full-year 2025 net sales expectations to between €30 billion and €35 billion, down from an initial range of €30 billion to €40 billion [4]. - ASML's gross margin target was also reduced to between 51% and 53%, down from 54% to 56% [4]. - Following these announcements, ASML's stock price fell more than 16% [4]. - During an earnings call on October 16, 2024, ASML's CFO attributed poor bookings to a slow recovery in traditional semiconductor markets, while the CEO indicated that the recovery would extend into 2025, leading to reduced growth expectations [5]. Industry Context - The semiconductor industry is currently experiencing significant challenges, including macroeconomic fluctuations and stricter regulations on technology exports, which have impacted companies like ASML [3].

NEW YORK, Nov. 17, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against ASML Holding NV (“ASML” or “the Company”) (NASDAQ: ASML) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired ASML securities ...

I want to empower Investors, to make as much money, from both income and capital appreciation, with as little risk as possible, through my coverage of dividend, growth, and value companies. This broad coverage allows for discovering new, exciting ideas while covering what makes up reader's portfolios already."In giving (not investment) advice seek to help, not to please, your friend." - SolonMy investing style:Selective Investor looking for opportunities with a good risk-adjusted ROI. For dividend investing ...

NEW YORK , Nov. 17, 2024 (GLOBE NEWSWIRE) -- WHY: New York, N.Y., November 17, 2024. Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of ordinary shares of ASML Holding N.V. (NASDAQ: ASML) between January 24, 2024 and October 15, 2024, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 13, 2025. SO WHAT: If you ...

SAN DIEGO, Nov. 16, 2024 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of ASML Holding N.V. (NASDAQ: ASML) ordinary shares between January 24, 2024 and October 15, 2024, both dates inclusive (the "Class Period"), have until January 13, 2025 to seek appointment as lead plaintiff of the ASML class action lawsuit. Captioned City of Hollywood Firefighters' Pension Fund v. ASML Holding N.V., No. 24-cv-08664 (S.D.N.Y.), the ASML class action lawsuit charge ...

NEW YORK, Nov. 16, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against ASML Holding N.V. (NASDAQ: ASML) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in ASML, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/asml-holding-nv. Investors have until January 13, 2025, to ask the Court to be appointed to lea ...

Core Viewpoint - A class action lawsuit has been filed against ASML Holding N.V. by shareholders who purchased shares between January 24, 2024, and October 15, 2024, alleging that the company misled investors regarding the severity of issues in the semiconductor industry and the pace of recovery in sales [1][2]. Group 1: Allegations Against ASML - The lawsuit claims that ASML failed to disclose the severity of issues faced by suppliers in the semiconductor industry, which were more severe than indicated [2]. - It is alleged that the recovery pace of sales in the semiconductor industry was much slower than publicly acknowledged by ASML [2]. - The complaint states that ASML created a false impression of having reliable information on customer demand and anticipated growth while downplaying risks from macroeconomic fluctuations and stronger export regulations [2]. - As a result of these actions, ASML's stock has significantly declined, harming investors [2]. Group 2: Legal Proceedings - Shareholders interested in serving as lead plaintiffs must submit their applications to the court by January 13, 2025 [3]. - Participation in the case is not required to be eligible for recovery; shareholders can remain absent class members if they choose [3]. Group 3: About Robbins LLP - Robbins LLP is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses and improve corporate governance since 2002 [4]. - The firm has obtained over $1 billion for shareholders since its inception [4].

Core Viewpoint - ASML Holding N.V. is facing a class action lawsuit due to alleged misleading statements made by executives regarding the company's growth potential and demand for its products during a specific class period, which has led to significant stock price declines following disappointing financial results [5][6][8]. Company Overview - ASML is a leading Dutch manufacturer of photolithography machines essential for semiconductor chip production, utilizing advanced lasers to create intricate circuits for modern electronics [3]. Financial Projections and Market Impact - In November 2022, ASML projected 2025 revenues between €30 billion and €40 billion, with a gross margin of 54% to 56% [4]. - The introduction of new export regulations by the Dutch government in March 2023 limited ASML's ability to sell to Chinese customers, a crucial market, effective September 2023 [4]. - Despite these restrictions, ASML experienced a surge in demand from China as chipmakers rushed to place orders before the limitations took effect, helping to mitigate the broader industry downturn in 2023 [4]. Lawsuit Details - The lawsuit claims ASML executives overstated the company's financial outlook for 2025, driven by anticipated growth in artificial intelligence and new semiconductor plants, while downplaying the impact of export restrictions [5]. Recent Financial Results - On October 15, 2024, ASML reported third-quarter financial results, revealing net bookings of €2.6 billion, a 53% decline from the previous quarter's €5.6 billion, and missed analyst expectations by €3 billion [6]. - ASML revised its 2025 revenue forecast down to €30 billion to €35 billion and adjusted gross margin expectations to 51%–53% [6]. Market Reaction - Following the release of disappointing financial results, ASML's stock price fell by 21.6%, from $872.27 on October 14, 2024, to $683.52 on October 16, 2024, a drop of $188.75 per share [8]. Future Expectations - ASML acknowledged a slower-than-expected recovery in the semiconductor industry, with an anticipated extended recovery period into 2025, and expected China's contribution to revenue to decline to about 20% in 2025 [7].