On October 30, ARM Holdings fell 9.95% in Regular Trading, trading at $206.22 per share with turnover of $146.0 million.
The move was driven by a broad semiconductor selloff after Intel issued weaker-than-expected forward commentary, pressuring risk sentiment across chip stocks.
Recent market reports showed Intel plunging more than 22% in overnight trading, while AMD, Micron, Marvell and other semiconductor names also moved lower; ARM Holdings was repeatedly cited among the affected stocks, with earlier declines of more than 7% as the sector weakened. This comes even as expectations for ARM Holdings' upcoming quarterly results remain constructive, with consensus pointing to revenue of $1.376 billion, up 29.57% year over year, and adjusted EPS of $0.48, up 42.21%. In the current session, however, sector-wide de-risking appears to be the more immediate trading driver.
(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.)
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