Arm Holdings Stock Dips 19% in 3 Months: Is This a Buying Opportunity?
Arm plc(ARM) ZACKS·2024-10-02 23:01
Shares of Arm Holdings plc (ARM) have experienced a notable decline, dropping 19.1% in the past three months, while the broader industry has risen 5.1%.In the most recent trading session, ARM closed at $136.08, which is 28% below its 52-week high of $188.75. Despite this recent dip, ARM's stock has still surged an impressive 81% year to date, indicating that the current downturn may be part of a market correction.With this recent drop in ARM's share price, many investors are wondering if this presents a buy ...