Why Arm Holdings Stock Rallied on Thursday
The semiconductor specialist got a boost from Wall Street.
Why Arm Holdings Stock Rallied on Thursday
Overview
Shares of Arm Holdings (NASDAQ: ARM) climbed sharply higher on Thursday, rising as much as 8.7%. As of 11:45 a.m. ET, the stock was still up 6%.
The catalyst that drove the semiconductor specialist higher was an aggressive price target increase and bullish commentary from a Wall Street analyst.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
