Shares of Technology sector company Arm moved -2.0% today, and are now trading at a price of $112.65. The Large-Cap stock's daily volume was 1,364,174 compared to its average volume of 5,786,557. The S&P 500 index returned a -0.0% performance.
Arm Holdings plc architects, develops, and licenses central processing unit products and related technologies for semiconductor companies and original equipment manufacturers rely on to develop products. The company is based in Cambridge and has 7,096 full time employees. Its market capitalization is $118,731,096,064.
Over the last year, ARM shares have gone down by -8.0%, which represents a difference of -16.8% when compared to the S&P 500. The stock's 52 week high is $188.75 per share and its 52 week low is $85.61. Although Arm's average free cash flow over the last 2 years has been $77.0 Million, they have been decreasing at an average rate of -40.9%. For this reason, investors may continue to shun the stock.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | -290,000 | 29,000 | -319,000 | -193.27 |
| 2022 | 423,000 | 81,000 | 342,000 | 64.42 |
| 2021 | 256,000 | 48,000 | 208,000 |
