On October 29, ARM Holdings fell 3.55% in Regular Trading, trading at $226.185 per share, with turnover of $39.6741 million.
The move coincided with broad weakness across semiconductor stocks, which remained the most direct driver of trading. In the sector, Micron Technology fell 1.73%, NVIDIA fell 0.57%, Marvell Technology fell 10.69%, Advanced Micro Devices fell 2.03%, and SK hynix fell 0.73%.
Recent market updates indicated that ARM Holdings had previously been supported by expectations for its upcoming quarterly results, with consensus pointing to revenue of $1.376 billion and adjusted EPS of $0.48 in the quarter, but the latest session was dominated by sector-wide selling pressure ahead of the company’s next earnings release on November 4.
(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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