ASML Down, Novo Rises, Nexans Gains
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Dutch chip-equipment giant ASML is contending with its biggest challenge yet under the Trump administration: In a series of recent meetings, Commerce Secretary Howard Lutnick outlined concerns to ASML’s senior leaders that one of its top-of-the-line machines may have made its way into China, in violation of US-led export restrictions.
- Nordea analyst Martin Brenoe raised the recommendation on Novo Nordisk A/S Class B to buy from hold.
- Nexans and Prysmian are among European cable companies getting a boost on Friday, after Japanese peer Fujikura hiked its annual operating profit guidance and lifted confidence around demand for optical components.
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