Why ASML Holding Stock Was Falling Today
ASML Holding(ASML) The Motley Fool·2024-04-17 17:44Shares of the chip equipment manufacturer pulled back after a disappointing earnings report.Shares of ASML Holding (ASML -7.34%), the leading manufacturer of semiconductor producing equipment, were moving lower today after the company turned in disappointing results in its first-quarter earnings report.As of 11:54 a.m. ET on Wednesday, the stock was down 7.4% on the news. ASML comes up shortRevenue was down 22% from the quarter a year ago as the company transitions to new technology to prepare for the AI bo ...