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ASML Holding NV shares dropped in the first minutes of trading before quickly recovering, with traders blaming the unexpected slump on an erroneous trade.
According to multiple equity traders, a “fat finger” — trades made by human error, or even by algorithms — could have been behind an initial slump of as much as 7.1% in the stock. A spokeswoman for Euronext SA rejected that was to blame and said no alerts were triggered at the pan-European exchange this morning.
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