SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in ASML Holding NV of Class Action Lawsuit and Upcoming Deadlines - ASML

Core Points - A class action lawsuit has been filed against ASML Holding NV, with investors encouraged to contact Pomerantz LLP for participation [1][6] - Shareholders have until January 13, 2025, to apply as Lead Plaintiff if they purchased ASML securities during the Class Period [2] Financial Performance - ASML reported third-quarter 2024 bookings of €2.63 billion, a 53% decline from €5.6 billion in the second quarter of 2024 [3] - The company expects full-year 2025 net sales to be between €30 billion and €35 billion, which is in the lower half of its initial guidance of €30 billion to €40 billion [3] - ASML has reduced its gross margin target to between 51% and 53%, down from a previous range of 54% to 56% [3] Market Conditions - The CEO noted that while there are strong developments in artificial intelligence, other semiconductor market segments are recovering more slowly than expected [3] - The CFO attributed poor bookings to a slow recovery in traditional semiconductor markets, with customers remaining cautious [4] - The semiconductor industry recovery is expected to extend into 2025, leading to a reduced growth curve and lower lithography demand [4] Stock Market Reaction - Following the earnings report on October 15, 2024, ASML's stock price fell by $141.84 per share, or 16.3%, closing at $730.43 [7] - On October 16, 2024, the stock price further declined by $46.91 per share, or 6.4%, closing at $683.52 [8]