ASML Holding shares are trading lower after the company reported better-than-expected second-quarter results and a cautious Q3 guidance.
Portfolio Pulse from Benzinga Newsdesk
ASML Holding reported positive Q2 results but issued a cautious Q3 guidance, leading to a decrease in its share price.
July 19, 2023 | 9:16 am
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ASML Holding's shares are trading lower due to cautious Q3 guidance despite upbeat Q2 results.
ASML Holding's share price is falling as the market reacts to the company's cautious Q3 guidance. This is despite the company reporting positive Q2 results. The cautious outlook for Q3 suggests that the company expects challenges in the next quarter, which is negatively impacting investor sentiment and driving the share price down.
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