Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- ASML shares fall as much as 4.3% as the European chip sector becomes swept up in the broader tech selloff across Asian markets and concerns grow over the sustainability of the AI-driven rally in the sector.
- Burberry shares fall as much as 4.4% after the UK luxury brand posted first-quarter results that were weaker than expected in Europe and Asia. Still, analysts say the results are a sign that the company’s turnaround strategy is working.
- Volvo Car plunge as much as 11%, the most since early February, as the automaker misses analyst expectations in the second quarter and lowers its full-year free cash flow guidance.
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