Why Arm Holdings Stock Was Tumbling Today
Shares of Arm Holdings (NASDAQ: ARM) were pulling back one session after surging in sympathy with a strong earnings report from .
CPU stocks, including Arm, have been soaring in recent weeks as it becomes clear that Agentic AI is driving outsize demand for CPUs. There was no company-specific news out on Arm today, but the stock seemed down on profit-taking, and as investors seemed to think the rally had gotten overheated following Friday's surge.
As of 10:49 a.m. ET, Arm stock was down 8.9%, following a jump of 14.8% on Friday.
Source Fool.com
Intel Corp. Aktie
87,92 €
1,59 %
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