Why the Prices of ARM, Nike, and Bitcoin Dropped

Baystreet
2026.02.05 14:27
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Arm Holdings (ARM) shares may drop over 5% after losing 7% in after-hours trading, despite reporting $1.24 billion in revenue. Nike (NKE) continues its downtrend, exacerbated by job cuts and efficiency measures. Bitcoin (BTC-USD) is in freefall, trading around $72,500, with volatility expected as speculators exit. The cryptocurrency downturn may negatively impact Coinbase (COIN) and Robinhood (HOOD), while Charles Schwab (SCHW) and Futu Holdings (FUTU) remain more stable due to less reliance on crypto trading.