ASML stock declines 4.31% amid broader tech sector selloff and market weakness

ASML stock fell sharply by 4.31% intraday on December 17, trading at $1029.63, despite the absence of any major company-specific announcements.

• The decline mirrored broader market weakness, tracking the NASDAQ which was down 1.23%.
• The sector underperformance was attributed to investor anxiety regarding tech valuations and 'AI bubble' concerns.
• The last reported company news was routine share buyback transactions on December 1, confirming the current drop is driven by external market factors.