Investing.com — Arm Holdings ADR (ARM) beat on every headline number, and the stock fell anyway. The fiscal Q2 2027 report came out after the Nov 4 close. EPS was $0.52 vs $0.47 expected (+10.6%), and revenue was $1.44B vs $1.38B.

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Arm Holdings ADR (ARM): Trading at $168.37, -12.22% on the day, as of Nov 5, 1:24 PM EST (Market Cap: $180.42B) || 1W: -26.43% || 1M: -44.43% || 52W range: $100.02–$452.70

The pre-open indication was only about -3.4%. The selling deepened once the market digested the royalty detail. The stock has now lost nearly half its…