Arm stock: Wall Street sees upside potential from new strategy
Several brokers have initiated coverage on the chip designer, which may boost confidence that it can sustain or grow its premium valuation.
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Several brokers have initiated coverage on the chip designer, which may boost confidence that it can sustain or grow its premium valuation.
Arm has completed the biggest IPO in two years and has earned a bumper valuation, but will investors benefit from further upside or they at risk of being wiped-out?
The IPO market is on course to suffer its worst year since 2009, but markets hope upcoming listings from Arm and Instacart can provide a much-needed catalyst.
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