News - ARM profits up 35%, forecast conservative, investors unimpressed

[HEXUS]

Continued strong growth from the chip designer, but the bar is now set high.

Read more.

[kalniel]

At time of writing, however, ARM's London-listed shares were down by over three percent (although fluctuating significantly),

As far as I can tell, they are up 3.44% on the week, 13% on the month, and looking at the trading it seems you were just looking at the prices too late - they'd already increased before today so now it's just balancing out/adjusting.

[Scott B]

As far as I can tell, they are up 3.44% on the week, 13% on the month, and looking at the trading it seems you were just looking at the prices too late - they'd already increased before today so now it's just balancing out/adjusting.

The purpose of looking at the share price movement today was to gauge investor response to the earnings, which were announced this morning. Therefore any changes prior to today were not relevant to this comparison although, as I said in the piece, they do provide background.

Incidentally, ARM's London share price seems to have stabilised at around -1.6% compared to yesterday's close.