Arm Holdings stock has dropped 19% in 3 months but remains up 81% year-to-date.

From Nasdaq: 2024-10-02 10:00:00

ARM Holdings plc’s stock has dropped 19.1% in the past three months but remains up 81% year-to-date. The company’s strong presence in the semiconductor industry, focus on AI and IoT markets, strategic partnerships, and solid financial position make it a compelling player. However, analysts have revised earnings estimates downward, and the stock remains pricey. Investors may want to wait for a better entry point.



Read more at Nasdaq: Arm Holdings Stock Dips 19% in 3 Months: Is This a Buying Opportunity?