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Stock Hits 6-Month Low After Earnings, $180 Becomes Key Support for Bulls

Stock Hits 6-Month Low After Earnings, $180 Becomes Key Support for Bulls

TradingKey – As of the close on November 4 Eastern Time, Arm (ARM) shares fell 5.28% to close at $191.80. After Arm released its latest financial report, its stock fell further by about 2.6% in after-hours trading to trade around $186.90. Although the company’s second-fiscal-quarter revenue and adjusted earnings per share both exceeded market expectations, royalty revenue performed relatively weakly, while next-quarter guidance was only slightly above analyst forecasts, leading the market to reprice its future growth pace.

According to the latest financial report, ARM’s second-quarter revenue for fiscal 2027 reached $1.44 billion, up 27% year-over-year, exceeding market expectations of approximately $1.38 billion; adjusted earnings per…

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