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Technology Stocks : ARM Holdings (Advanced RISC Machines) plc. -- Ignore unavailable to you. Want to Upgrade?


To: Tan Tran who wrote (175)7/6/1999 12:14:00 PM
From: John Walliker  Read Replies (1) | Respond to of 912
 
Tan,

06 Jul 1999 15:25 ARM Holdings<ARM.L> rises again amid U.S. strength

LONDON, July 6 (Reuters) - Shares in British microchip designer ARM Holdings Plc <ARMHY.O> surged to a record high on Tuesday, lifted by strong demand for the stock in New York, dealers said.

ARM stock rose 124-1/2p or 13.6 percent to 10.42-1/2 pounds by 1417 GMT in volume of around 540,000 shares, making it easily the best performing stock among the top 350 UK listed companies at the time.

Earlier, the stock traded at a record high of 10.51 pounds.

Meanwhile on New York's Nasdaq, the shares also hit a peak of $51-3/4, up $6 on the day.


John