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Why ASML Stock Lost 17% in October

TheMotleyFool

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Why ASML Stock Lost 17% in OctoberPhoto, wide shot, wide-angle lens, Data analytics provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/d1295d04-cceb-4f1c-be2b-32ca46621336.png

While most AI stocks gained in October, ASML (NASDAQ: ASML) got tripped up following a disappointing third-quarter earnings report and a weak guidance update for 2025.

The news threw cold water on a stock that many have expected to be a winner in the AI boom as orders in the quarter were weak, and demand from China has been underwhelming. According to S&P Global Market Intelligence, the stock finished the month down 17%.