Barron's Article Sends ARM Holdings Into The Stratosphere (ARMH)

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A mid-day article
posted on Barrons.com
has sent shares of UK based ARM Holdings
ARMH
soaring. Reports that came out last week indicated that Microsoft
MSFT
would build its next version of Windows to not just run on Intel
INTC
and AMD
AMD
processors, but also on chips designed by ARM Holdings (
ARMH
). The stock rose some, but nothing like what has transpired today, beginning just after 12:00 EST after the Barron's piece was posted. The author, Tiernan Ray, notes that RBC Capital analyst Nick Hyslop raised his price target on the stock to $25.00 on Thursday and continues to rate the stock Outperform. The analysts sees substantial revenue and earnings increases for the company as a result of the growth in tablet computing and a larger footprint in notebooks. At the time the article was posted, ARMH was up around 1%. Fast forward a couple of hours and the stock has jumped 12% at $26.90, after hitting an intra-day high of $27.95. Volume has exploded, with more than 20.5 million ARMH shares trading hands compared to a daily average of just over 3.5 million. This is a name to keep your eyes on in the coming days. After today's run-up, the stock has surged more than 43% in the last month, and almost 200% over the last 52-weeks.
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