Arm Stock Extends Rally, Hits Record Highs
Wall Street newbie Arm Holdings PLC (NASDAQ:ARM) is trading at record highs today. Up 5.3% at 54.5 billion in what was the biggest initial public offering (IPO) of the year so far. ARM moved lower on the charts in the couple months to follow, but turned it around in mid November and has been climbing since. Month to date, the equity is up 26.7%. Analysts are mostly bullish on ARM, tho ...