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Arm Holdings (ARM) Down 33% in a Month: Should You Buy the Dip?
ARMArm plc(ARM) ZACKS·2024-08-12 18:45

In the past month, shares of Arm Holdings plc (ARM) have declined 33.4% compared with a 10.1% decline in the broader industry.Looking beyond this one-month performance, ARM’s stock has dipped 2.5% over the past six months but remains up 55.7% year to date, suggesting that the current downturn is part of a broader correction phase.Image Source: Zacks Investment ResearchThe stock closed at $117 in its last trading session, 38% below its 52-week high of $188.75. Additionally, ARM is trading below its 50-day mo ...