Why Arm Holdings Stock Soared 30% in June
Shares of Arm Holdings (NASDAQ: ARM) shot up last month on a broader bullish trend in the semiconductor industry that lifted peers like Nvidia and as concerns around tariffs and a potential recession simmered down, and the risk-on artificial intelligence (AI) trade returned.
There was no single news item that drove Arm stock higher, but several events combined to send the stock up 30% by the end of the month, according to data from S&P Global Market Intelligence.
As you can see from the chart below, the stock marched steadily higher over the course of the month, easily outperforming the S 500.
Source Fool.com
Advanced Micro Devices Inc. Aktie
115,10 €
-1,72 %
Die Community bevorzugt Advanced Micro Devices Inc., mit deutlich mehr Buy- (93) als Sell-Einschätzungen (3).
Eine erhebliche Steigerung um mehr als 20% ist für Advanced Micro Devices Inc. mit einem Kursziel von 155 € im Vergleich zum aktuellen Kurs von 115.1 € zu erwarten.
