Fyi, three interesting reads on #arm #armholdingsplc $ARM . Fyi, three interesting reads on #arm #armholdingsplc $ARM ... including share lockup re initial under writing which expires in March, 2024. This has been discussed on CNBC as well. I suspect the shares were initially sold at a significant discount to where there are trading now and when the lockup expires in March there will be a massive wave of selling and taking profits by holders of low cost shares. Until then I expect massive selling to occur downwards towards $40 which has been discussed in the news this week. Good health and trading to all.
What's Going On With Arm Holdings Stock? — TradingView News
https://www.tradingview.com/news/benzinga:77ae47fe7094b:0-what-s-going-on-with-arm-holdings-stock/
ARM - Benzinga
https://www.benzinga.com/quote/ARM
Arm’s stock suffers its worst day on record as AI euphoria cools - MarketWatch
https://www.marketwatch.com/story/arms-stock-suffers-its-worst-day-on-record-as-ai-euphoria-cools-bd0b027f?g=d45418e6-8a05-4ae5-9a13-a6427a189afc&mod=djem_mwnbulletin