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Why Arm Holdings Stock Sank Again Today
ARMArm plc(ARM) The Motley Fool·2024-08-02 20:40

The AI stock has been highly volatile lately, and investors are seeing bearish signs.Arm Holdings (ARM -6.63%) stock got hit with another round of sell-offs Friday. The chip company's share price ended the day down 6.6%, according to data from S&P Global Market Intelligence.Arm stock is losing ground today due to macroeconomic concerns, analyst coverage, and a particularly bad second-quarter report from another big player in the chip space. Bearish macroeconomic news and new skepticism about the artificial ...