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What will ARM Holdings' stock price be at the end of July 2024?
4
Resolution / Starting Odds
Below $160 • 25%
$160-$180 • 25%
$180-$200 • 25%
Above $200 • 25%
Publicly available stock price data from financial news websites such as Bloomberg or Yahoo Finance
Story
Arm Holdings Shares Surge 4% to $174, Market Cap Hits $183 Billion at 52-Week High
Jul 5, 2024, 02:01 PM
Arm Holdings (ARM) shares surged by 4% to reach a new high of $174, resulting in a current market capitalization of $183 billion. This marks a significant increase since SoftBank acquired ARM in 2016 for $32 billion. SoftBank still retains a 90% ownership stake in the company. The stock's breakout to fresh highs includes clearing the $180 mark, driven by recent bullish activity, such as the purchase of August 2nd $170 calls earlier in the week. ARM is now listed at its 52-week and all-time high.
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