Arm Holdings (ARM) Stock Jumps 30% - Here's Why
Arm Holdings stock surges 30% in heavy trading, outpacing Nvidia and AMD, prompting investor interest and caution. Potential market capitalization boost.
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Miami, Florida
Arm Holdings stock surges 30% in heavy trading, outpacing Nvidia and AMD, prompting investor interest and caution. Potential market capitalization boost.
Arm's stock gains more than 25% on strong earnings beat and bullish guidance, outperforming Wall Street expectations.
Arm's oversubscribed IPO could have been priced at $52 per share, above the indicated range of $47 to $51.