On October 30, ASE Technology fell 8.64% in Regular Trading, trading at $40.565 per share, with turnover of $45.0194 million.
The main catalyst was the company’s latest quarterly report, which exceeded market expectations, yet the stock remained under pressure after the release.
For the third quarter, ASE Technology reported EPS of $0.36 versus the $0.34 consensus and revenue of $7.640 billion versus the expected $7.390 billion. In New Taiwan dollar terms, quarterly net revenue reached NT$244.161 billion, up 44.8% year over year, while profit attributable to shareholders rose to NT$26.996 billion, up nearly 1.5 times from a year earlier, indicating strong demand in semiconductor packaging, testing, and electronics manufacturing services. Despite those stronger-than-expected figures, the shares continued to weaken during the latest session.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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