EUVL.DE is trading at €6.64, down 3.09%, as higher oil prices and Treasury yields amid renewed Iran-related tensions weigh on risk sentiment and growth stocks.

  • Tech futures are weaker pre-open.
  • EUVL’s concentrated photonics portfolio includes major optical-networking and semiconductor holdings, leaving it exposed to tech-sector weakness.
  • After the September 25 AI-optics demand rally, the pullback appears consistent with a broader risk-appetite reversal, not a newly reported photonics-specific catalyst.