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-0.000187133077729886 -0.000578806961350534 0.00251106478721227 0.0087778469251424 0.00681947750703916 0.00651484226422314 0.00782042187629197 0.00686299682744153
Stock impact report

Why Arm Holdings Plunged Nearly 20% in December [Yahoo! Finance]

Arm Holdings plc - American Depositary Shares (ARM) 
Company Research Source: Yahoo! Finance
Arm's high valuation adds to these risks, but revenue should continue to grow in the age of AI. 10 stocks we like better than Arm Holdings › Shares of Arm Holdings (NASDAQ: ARM) fell 19.4% in December, according to data from S&P Global Market Intelligence Arm didn't report any financial news during the month, but its high valuation came under scrutiny following an analyst downgrade and the potential for selling pressure from its largest shareholder, Softbank (OTC: SFTB.Y) It was actually a relatively light news month for Arm, but a skeptical investing public tended to take profits in December after a strong run to the year for semiconductors. On December 15, sell-side analyst Jim Schneider of Goldman Sachs downgraded Arm shares to the ignominious "Sell" rating, from his prior "Neutral" rating. "Sell" ratings are fairly rare among Wall Street analysts, with "Neutral" usually indicating skepticism and "Sell" indicating outright pessimism. Schneider flagged Arm along with a Show less Read more
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