ADR (ARM) stock saw a modest uptick, ending the day at $151.91 which represents a slight increase of $3.91 or 2.64% from the prior close of $148. The stock opened at $151.51 and touched a low of $150.
ARM Holdings and Qualcomm have a tough relationship. They both benefit from each other’s business, yet have been embroiled in a two-year-long legal battle over intellectual property rights.