ARM Stock Alert: Brace Yourself for a Selloff as Arm Lock-Up Expires

Shares of computer chip designer Arm Holdings (NASDAQ:ARM) are expected to sell off as the lock-up period expires. The lock-up period restricted sales by company insiders at the time of the initial public offering last year and ran for 180 days.Early Tuesday trading, however, belied that notion. Shares are up just over 1% to $127.70. The market capitalization has risen to $131 billion on 2023 sales of about $3 billion. ARMing for AIThe generative artificial intelligence boom is behind the strength of ARM st ...