Arm Holdings shares are trading lower after Bernstein downgraded the stock from Market Perform to Underperform.
Portfolio Pulse from Benzinga Newsdesk
Arm Holdings shares declined following a downgrade by Bernstein from Market Perform to Underperform.
October 31, 2024 | 3:31 pm
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NEGATIVE IMPACT
Arm Holdings shares are trading lower after Bernstein downgraded the stock from Market Perform to Underperform.
The downgrade by a reputable analyst firm like Bernstein is likely to negatively impact investor sentiment, leading to a short-term decline in Arm Holdings' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100