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Why ASML Stock Is Sinking Today

TheMotleyFool

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Why ASML Stock Is Sinking TodayPhoto, wide shot, wide-angle lens, Semiconductor company, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/92ce44e9-64c7-4458-9a95-b706ed510490.png

ASML (NASDAQ: ASML) stock is heading lower in Wednesday's trading following the company's recent quarterly release. The semiconductor-equipment specialist's share price was up 4.5% as of 11:30 a.m. ET.

ASML published its first-quarter results before the market opened this morning and reported sales and earnings for the period that exceeded Wall Street's targets. The company also raised its full-year performance outlook, but that hasn't been enough to stop a pullback for the stock.

Image source: Getty Images.

Source Fool.com

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