What's Going On With Arm Holdings Stock?
Portfolio Pulse from Erica Kollmann
Arm Holdings Plc (NASDAQ:ARM) shares dropped after Exane BNP Paribas downgraded the stock from Outperform to Neutral with a $100 price target. The semiconductor sector is under pressure, with poor earnings from ASML Holdings N.V. (NASDAQ:ASML) and a reduced outlook from Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM). Nvidia Corporation (NASDAQ:NVDA) and Super Micro Computer, Inc. (NASDAQ:SMCI) also saw significant declines. Investors can access Arm through ETFs like FTQI and IRBO.
April 19, 2024 | 8:02 pm
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NEUTRAL IMPACT
FTQI ETF, holding Arm shares, may see indirect impact from Arm's stock performance.
As an ETF holding Arm shares, FTQI's performance may be indirectly affected by movements in Arm's stock, though diversified holdings mitigate direct impact.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
IRBO ETF, including Arm in its portfolio, might experience indirect effects from the semiconductor sector's performance.
IRBO's inclusion of Arm shares means it may be indirectly influenced by the semiconductor sector's downturn, though its diversified nature lessens the impact.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Arm Holdings downgraded by Exane BNP Paribas, causing a significant drop in its stock price.
The downgrade by a prominent analyst firm directly impacts investor sentiment and stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
ASML's worse-than-expected Q1 results contribute to the semiconductor sector's downturn.
ASML's poor earnings report is a key factor in the current pressure on semiconductor stocks.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 80
NEGATIVE IMPACT
Nvidia Corporation shares drop by about 10% amid sector-wide pressures.
Nvidia's stock decline is part of the broader semiconductor sector downturn, influenced by poor earnings reports.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 70
NEGATIVE IMPACT
Super Micro Computer shares plummet over 23% possibly due to speculative concerns over its upcoming earnings.
The significant drop in SMCI's stock price is likely due to investor speculation over its lack of preliminary earnings estimates.
CONFIDENCE 75
IMPORTANCE 75
RELEVANCE 70
NEGATIVE IMPACT
TSMC's reduced outlook for the chip market adds to the sector's challenges.
TSMC's outlook reduction is critical for the sector, influencing investor sentiment and stock prices.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 80