On October 15th, the Golden Ten Data news reported that Asmae’s US stocks had a big dump. The company’s third-quarter order volume was only about half of analysts’ expectations, and it downgraded its expectations for 2025. According to the data released on the official website, the order volume in the third quarter was 26 billion euros (28 billion US dollars). This result caused Asmae’s stock price to big dump by 15%. After the stock price fell, trading was temporarily suspended. The stock price of this most valuable European technology company has fallen by 30% since it reached a historical high in July. CEO Christophe Fouquet stated in a declaration, “It now appears that the recovery is slower than previously expected. It is expected that this situation will continue until 2025, which has made customers more cautious.”
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