ARM Holdings shares are trading lower after HSBC downgraded the stock from Hold to Reduce.
Portfolio Pulse from Benzinga Newsdesk
ARM Holdings shares are trading lower after HSBC downgraded the stock from Hold to Reduce.
July 29, 2024 | 2:42 pm
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NEGATIVE IMPACT
ARM Holdings shares are trading lower following a downgrade by HSBC from Hold to Reduce.
HSBC's downgrade from Hold to Reduce is a significant negative signal for investors, likely leading to a short-term decline in ARM Holdings' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100