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Why ASML Holding N.V. Stock Was Up 12% in June

TheMotleyFool

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Why ASML Holding N.V. Stock Was Up 12% in June

Shares of lithography-solutions company ASML Holding N.V. (NASDAQ: ASML) rose 11.6% in June, according to data provided by S&P Global Market Intelligence. Not much happened with the company during the month. However, the semiconductor industry is showing signs of entering a bull cycle, which bodes well for this manufacturer of semiconductor fabrication equipment.

June's gains continue a longer trend for ASML Holding. Losses in March now look like a mere blip, with the stock up 84% over the past year and trouncing the S&P 500.