"Arm Holdings Stock Plummets Below IPO Price Amidst IPO Boom Bust"
TL;DR
Shares of British chip designer Arm Holdings fell below their IPO price of $51 as the broader stock market declined, with the stock struggling since its 25% surge on its market debut last week. Arm's stock recently declined 5% to $50.26, while the tech-heavy Nasdaq Composite dropped 1.3%.
- Arm Holdings Stock Falls Below IPO Price The Wall Street Journal
- Trending stocks September 20, 2023: Arm, Instacart, IBM Yahoo Finance
- ARM Stock: Too Hot to Handle as IPO Boom Goes Bust - TipRanks.com TipRanks
- SoftBank-Backed Arm Falls Below IPO Price After Just One Week Bloomberg
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Read on The Wall Street Journal