Arm Holdings shares are trading higher after it was announced that the company will join the Nasdaq-100 Index starting June 24, 2024.
Portfolio Pulse from Benzinga Newsdesk
Arm Holdings shares are trading higher following the announcement that the company will join the Nasdaq-100 Index starting June 24, 2024.
June 14, 2024 | 1:48 pm
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Arm Holdings shares are trading higher after the announcement that the company will join the Nasdaq-100 Index starting June 24, 2024.
Inclusion in the Nasdaq-100 Index is a significant milestone for Arm Holdings, likely leading to increased visibility and investment from index funds and institutional investors. This positive sentiment is reflected in the immediate rise in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100