Soitec Rises After ASML Lifts Sales Outlook; Move Seen as Fragile
Soitec shares climbed in Paris after ASML raised its full-year sales and margin forecasts for the second time this year, boosting sentiment across chip-equipment and materials stocks. The rebound follows a deep pullback for Soitec from its 52-week high, and investors may be positioning ahead of the company's July 28 earnings report and a management…