Feb 21, 02:03 PM
$TSM Division Sells 850,000 ARM Shares for $102M Amidst Consolidation
Authors
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A division of Taiwan Semiconductor Manufacturing Company ($TSM) has sold 850,000 shares of ARM Holdings for $102 million, as reported in a company filing. The sale, described as relatively small, comes amidst a period of consolidation for ARM, with expectations of a potential upward move in its stock price, provided it maintains a support level of $115 on a weekly timeframe.
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Sources
East*TSMC UNIT SELLS 850,000 SHARES OF ARM HOLDINGS FOR $102M https://t.co/MG73EyT6PA
Special Situations 🌐 Research Newsletter (Jay)
A division of TSMC $TSM sold 850,000 shares of $ARM for $102 million according to a company filing (relatively small sale)
zerohedge TSMC Unit Sells 850,000 Shares of ARM Holdings for $102m Thanks gamma squeezed baggies