ARM (NASDAQ:ARM) Shares Down 1.6% - What's Next?
Market Beat·
- ARM Holdings shares fell 1.6% to close at $249.34 amid lower-than-average trading volume.
- The company reported quarterly revenue of $1.29 billion, representing a 22.4% year-over-year increase, and earnings of $0.45 per share, beating consensus estimates.
- Multiple research analysts hold a consensus "Moderate Buy" rating on the stock with a target price of $285.33.
