ASML Holding shares are trading lower following mixed Q3 earnings. The company said it expects 2024 to be a transition year and is taking a 'more conservative view.'
Portfolio Pulse from Benzinga Newsdesk
ASML Holding reported mixed Q3 earnings, leading to a drop in its share price. The company anticipates 2024 to be a transition year and is adopting a more conservative outlook.
October 18, 2023 | 10:39 am
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NEGATIVE IMPACT
ASML Holding's mixed Q3 earnings and conservative outlook for 2024 have led to a decrease in its share price.
ASML Holding's mixed Q3 earnings report and its conservative outlook for 2024 have negatively impacted investor sentiment, leading to a decrease in its share price. This suggests a potential short-term downward trend for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100