New York, Jan 31, 2026, 18:24 ET — The market has closed.
- Arm’s U.S.-listed sponsored ADRs dropped 2.8% in the last session, mirroring a wider slump across chip stocks.
- CEO Rene Haas filed a Form 144 revealing his intent to sell 6,152 American depositary shares.
- The company will release its fiscal third-quarter results on Feb. 4.
Arm’s U.S.-listed sponsored ADRs closed Friday down 2.8%, hitting $105.36. During the session, the shares swung between $105.05 and $108.00, according to market data.
The drop carries extra weight heading into next week as rates and tech shift in sync again, following Donald Trump’s choice of Kevin Warsh to replace Jerome Powell at the Federal Reserve, investors noted. “Markets are calibrating to Trump’s pick of Kevin Warsh … and the outlook for monetary policy,” said Michael Hans, chief investment officer at Citizens Wealth. Reuters
Chip stocks came under heavy pressure during the wider selloff, with major semiconductor and AI-related names dropping sharply, according to a market summary on Nasdaq.com. The 10-year Treasury yield rose, while investors flagged hotter-than-expected producer-price inflation as a further drag on high-valuation growth shares.
Separately, a Form 144 filing revealed that Arm CEO Rene Haas intends to offload 6,152 American depositary shares via Fidelity Brokerage Services LLC around Jan. 30. The total value of the sale is estimated at roughly $654,000.
Form 144 serves as a notice under SEC Rule 144, which regulates the resale of restricted securities. It signals a planned sale but doesn’t confirm that the shares will actually be sold.
Arm is set to release its fiscal third-quarter earnings on Wednesday, Feb. 4, after the market closes. The company will hold a conference call at 5 p.m. ET.
Investors are focused on the pace of royalty growth as newer Arm-based chips hit the market, while watching licensing demand for mobile and data-center designs as customers juggle budgets. A shift in pricing power or deal timing could send this stock moving sharply.
The setup works both ways. If yields keep climbing or chip stocks remain weak, even a strong quarter might get overshadowed by broader market moves. Conversely, a cautious outlook would probably hit harder, given that semiconductor valuations are still in flux.
Trading will pick back up Monday following the weekend pause, with Arm’s Feb. 4 earnings report and forecast standing out as the next major catalyst.
