Arm Holdings Stock Falls Below IPO Price

Shares of British chip designer Arm slipped below their IPO price of $51 in midday as the broader stock market also declined. It’s been one week since Arm’s stock market debut, when the stock soared 25%. Since then, the stock has struggled, falling at least 4% each subsequent full trading day. On…#nasdaqcomposite

Source: Reuters: Health - September 22, 2023 Category: Consumer Health News Source Type: news