huathuathuat
2023-09-14

$Arm Holdings(ARM)$  this is a question that will have many investors licking their fingers to join in given the boom in Artificial Intelligence recently.


Given it's impressive market share of chip design, and companies like Apple, Google and NVIDIA looking to purchase shares of the company, it is definitely interesting and one stock to look out for when it joins the market in NASDAQ tonight.


It is good to take note that only 9.4% of Arm's share will be publicly traded and that the major remaining is with  who took the company private. It will be good to consider what is the intention behind the timing of this IPO launch.


I am definitely interested in owning some shares of this company but will be cautious of the position sizing as I am expecting the share price of this to initially rocket due to the surrounding hype. Take profits early if possible and wait for the market to determine it's actual price after the hype calms down. 


Let's go Tigers!!!! 

ARM slips below IPO price: Time to buy or short?
Since its IPO last Thursday, the stock is down nearly 10% to trade around $49.85 yesterday, which is below its IPO price of $51 per share. ------------------- Will you buy ARM under $50? At what price will you bottom ARM? Is the dip a good chance to add or a signal to stay away?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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