Arm’s stock suffers its worst day on record as AI euphoria cools

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Arm Holdings PLC’s blockbuster stock rally cooled Tuesday, as shares logged their worst daily performance on record.

The stock ARM closed down more than 19% in Tuesday trading, which made for its largest single-day percentage loss in the five months since the company went public again. Arm shares previously had yet to record a single-session double-digit percentage decline.

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