"Arm Holdings Stock Plummets Below IPO Price Amidst IPO Boom Bust"

1 min read
Source: The Wall Street Journal
"Arm Holdings Stock Plummets Below IPO Price Amidst IPO Boom Bust"
Photo: The Wall Street Journal
TL;DR Summary

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%.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

0 min

vs 1 min read

Condensed

39%

7948 words

Want the full story? Read the original article

Read on The Wall Street Journal