Large Outflow of Money Witnessed in ARM Holdings plc

ARM Holdings plc (ARMH) : Money flow in the ARM Holdings plc (ARMH) stock was negative (0.46 million) on Monday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $33.06 million, compared to $33.52 million on downticks. The total uptick to downtick ratio was 0.99, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($1.18 million), indicating selling on the strength. The transaction value during uptick in block trades was $20.78 million. Downtick transaction value in block trades amounted to $21.96 million, indicating persistent selling. The uptick to downtick ratio was 0.95. ARM Holdings plc (ARMH) traded $20.2 higher at $67.28 gaining 42.91% over the previous days close.


ARM Holdings plc is up 62.95% in the last 3-month period. Year-to-Date the stock performance stands at 47.1%. Shares of ARM Holdings plc rose by 42.85% in the last five trading days and 57.96% for the last 4 weeks.

ARM Holdings plc (NASDAQ:ARMH): stock turned positive on Monday. Though the stock opened at $67.18, the bulls momentum made the stock top out at $67.48 level for the day. The stock recorded a low of $65.48 and closed the trading day at $66.17, in the green by 40.55%. The total traded volume for the day was 41,208,249. The stock had closed at $47.08 in the previous days trading.

ARM Holdings plc (ARM) is a United Kingdom-based company engaged in designing of microprocessors, physical intellectual property (IP) and related technology and software, and sale of development tools. The Companys offers products, such as 16/32/64-bit RISC microprocessors, data engines, graphics processors, digital libraries, embedded memories, peripherals, software and development tools, as well as analog functions and high-speed connectivity products. The Companys product offering includes microprocessor Cores, physical IP, development tools and support and maintenance services. ARM licenses and sells its technology and products to international electronics companies, which in turn manufacture, market and sell microprocessors, application-specific integrated circuits (ASICs), application-specific standard processors (ASSPs) and microcontrollers (MCUs) based on ARMs technology to systems companies for incorporation into a variety of end products.

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