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Why Arm Holdings Stock Was Sliding Today
ARMArm plc(ARM) The Motley Fool·2024-03-11 16:23

Shares of Arm Holdings (ARM -2.59%) were among several AI stocks that were pulling back as momentum in the high-flying sector fades following a blistering rally so far this year. Arm also faces a key test tomorrow as its post-IPO lockup period will expire, meaning that insiders will be able to sell Arm shares that had previously been off-limits.As of 11:25 a.m. ET, the stock was down 2.7%. Arm investors prepare for a big moveConcerns about a potential bubble in AI stocks are beginning to sweep the market, a ...