ASML (ASML) Surges 8.8%: Is This an Indication of Further Gains?
ASML (ASML) shares rallied 8.8% in the last trading session to close at $1. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3.6% loss over the past four weeks.The optimism surrounding the stock can be attributed to the benefit that ASML is deriving from the traction in logic and DRAM, giving the company a medium- to long-term positive outlook.This equipment supplier to semiconductor makers is expected to post ...