ASML is the IBD Stock Of The Day as the semiconductor equipment leader chalks up a big sale to major customer TSMC.
(Bloomberg) -- ASML Holding NV became Europe’s second-biggest listed company, overtaking LVMH by market value for the first time ever.Most Read from BloombergBlackRock, Citadel Back Texas Stock Exchange in Challenge to NYSES&P 500 Hits 25th Record This Year as Tech Soars: Markets WrapSEC Hedge Fund Fee Disclosure Rule Struck Down by US CourtModi Vows to Retain Power Even as Party Loses India MajorityGoldman Sees ‘Wall of Money’ Fueling Stock Market’s Summer PartyThe shares jumped 8.1% on Wednesd
ASML shares rose on Wednesday after a Jefferies analyst report cited comments from CFO Roger Dassen which suggested he was positive about the possibility of orders coming through from top customer TSMC in the coming quarters. An ASML spokesperson confirmed the CFO had spoken at a Jefferies-hosted call with investors. ASML's shares rose 6.3% to 927.10 euros ($1,008.78) by 1314 GMT.