On October 30, ARM Holdings fell 3.72% in After-Hours Trading, trading at $216.65 per share, with turnover of $15.8218 million.
The clearest near-term driver was broad semiconductor sector weakness, which continued to weigh on ARM Holdings ahead of its November 4 earnings release. In the same trading backdrop, Intel fell 20.7%, Advanced Micro Devices fell 4.7%, Marvell Technology fell 2.81%, Micron Technology fell 2.39%, and NVIDIA fell 0.62%.
Recent market attention has also centered on earnings expectations, with consensus forecasting quarterly revenue of $1.376 billion, up 29.57% year over year, and adjusted EPS of $0.48, up 42.21%. Even so, the latest move was more directly tied to sector-wide selling pressure rather than any new company-specific announcement.
(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.)
Comments