Why Arm Holdings Stock Soared Again Today
Shares of Arm Holdings (NASDAQ: ARM) were flying higher again today, just two sessions after the stock jumped nearly 50% on its earnings report last week.
There was no company-specific news in particular, but the broader sense of euphoria in the semiconductor and AI hardware sectors seemed to propel the stock higher, as it was trading on extraordinarily high volume. As of 12:47 p.m. ET, the stock was up 26.1%.
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Source Fool.com