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ASML Surges, Debenhams Update, Soceite Generale Falls
Published 1 month, 2 weeks ago
Description
On this episode of Stock Movers:
- ASML's orders in the fourth quarter far exceeded analysts’ expectations, as the rapid development of artificial intelligence. Shares surged as much as 7.5% in early trading.
- Debenhams said it is trading above expectations and full year Adjusted EBITDA for total operations is now expected to be £50m, according to a trading update.
- Societe Generale shares fall as much as 2.1% after Keefe, Bruyette & Woods cut the recommendation on the stock to market perform from outperform, the third downgrade for the French lender this month. Analysts note the risk of the company “underwhelming” following recent months of sharp increases in expectations.
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