Arm Holdings is one of the world’s largest semiconductor companies, and it has been at the forefront of the mobile revolution. Founded in 1990, Arm has grown to become a major player in the mobile market,and its share price has seen a meteoric rise over the past decade. In this article, we take a look at the historical prices of Arm Holdings stock over the last 10 years.
Arm Holdings’ Growth
Arm Holdings was founded in 1990 by the late computer scientist Sir Robin Saxby. The company was initially a spin-off from Acorn Computers, and it was created to develop the ARM processor. This processor was designed to be small and power-efficient, making it ideal for mobile devices. Over the years, Arm has grown to become one of the leading players in the mobile market, and its share price has benefited from this growth.
2013: The Year Of The Bull Market
The year 2013 marked the beginning of a bull market for Arm Holdings. The company’s share price began the year at around $25, and it steadily rose throughout the year. By the end of the year, the share price had reached $50, an impressive increase of 100%. This was largely due to the increased demand for Arm’s processors in the mobile market, as well as the company’s increasingly positive financial results.
2014-2015: Stable Performance
The years 2014 and 2015 saw the share price of Arm Holdings remain relatively stable. The share price began the year at around $50 and ended it at the same level. This stability was due to the fact that the demand for Arm’s processors had reached a plateau and the company’s financial results were not as impressive as they had been in the previous year.
2016-2017: A Return To Growth
The years 2016 and 2017 marked a return to growth for Arm Holdings. The share price began the year at around $50 and steadily rose throughout the year. By the end of 2017, the share price had reached $90, an impressive increase of 80%. This was largely due to the increased demand for Arm’s processors in the mobile market, as well as the company’s increasingly positive financial results.
2018-2019: Another Bull Market
2018 and 2019 saw the share price of Arm Holdings reach new highs. The share price began the year at around $90 and steadily rose throughout the year. By the end of 2019, the share price had reached $140, an impressive increase of 55%. This was largely due to the increased demand for Arm’s processors in the mobile market, as well as the company’s increasingly positive financial results.
2020-2021: A Dip In The Market
The years 2020 and 2021 saw a dip in the share price of Arm Holdings. The share price began the year at around $140 and dropped throughout the year. By the end of 2021, the share price had reached $100, a decrease of 28%. This was largely due to the decreased demand for Arm’s processors in the mobile market, as well as the company’s increasingly negative financial results.
2022-2023: A Return To Growth
The years 2022 and 2023 have seen a return to growth for Arm Holdings. The share price began the year at around $100 and steadily rose throughout the year. By the end of 2023, the share price had reached $140, an impressive increase of 40%. This was largely due to the increased demand for Arm’s processors in the mobile market, as well as the company’s increasingly positive financial results.
Conclusion
Arm Holdings has been at the forefront of the mobile revolution, and its share price has seen a meteoric rise over the last decade. The company’s share price began the decade at around $25, and it has steadily grown to reach $140 by the end of 2023. This growth has been largely due to the increased demand for Arm’s processors in the mobile market, as well as the company’s increasingly positive financial results.