Disco is trading at €338.00, down 6.63%, after its preliminary sales update drew little surprise.
- The October 6 update estimated consolidated sales near consensus; standalone quarterly sales were ¥1,185 billion, up 25% quarter over quarter.
- Semiconductor-related stocks faced broad selling in Tokyo on October 7, as investors treated the update as a “sell-the-news” event.
- Disco had recently advanced sharply, including a reported 132.59% gain on September 29; full results are scheduled for October 22.