Topline
Arm stock slumped again Monday, wiping out much of the British chip architect’s gains last week as investors warmly welcomed the largest initial public offering since 2021 and potentially putting a damper on the re-emergent IPO market.
Key Facts
Shares of Arm slid about 6% to below $57 by 9:45 a.m. EST, expanding on its 4% loss Friday.
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