Arm Stock Loses Steam in Friday Trading

Updated 11 hours ago

Arm Stock Loses Steam in Friday Trading

By

Anna Hirtenstein

, Reporter

Can Arm shares build on the surge that accompanied the chip designer’s stock-market debut Thursday? As of late Friday, it doesn’t look that way.

Arm shares were recently down about 2% after spending much of the session in the green.

The stock gyrated premarket, jumping roughly 10% before handing back most of those gains.

The shares had popped 25% in regular trading Thursday, after the initial public…

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