Why did ASML drop so suddenly

The stock price of ASML decreased by -8.33% on July 21. The sudden drop in ASML's stock price can be attributed to **macro-economic and geopolitical developments** that have led to uncertainty about the company's growth outlook for 2026.

Despite strong Q2 results, including €7.7 billion in net sales and a net income of €2.3 billion, with a gross margin of 53.7%, the company's growth forecast for 2026 has been overshadowed by these macro-economic and geopolitical challenges. This has likely led to a sell-off in the stock market, as investors react to the uncertain future prospects of the company.

|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|ASML|ASML.O|ASML Holding|||185|