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4 Penny Stocks To Watch As ARM IPO Sparks Momentum In The Stock Market Today

This article reviews a list of penny stocks to watch after the much anticipated ARM IPO. But before we dive into that watch list, let’s explain what the ARM IPO is and why it might influence certain stocks.

Is ARM a penny stock? Far from it, with trading levels above $60 at times on Thursday. However, it has caused a stir in higher-risk assets and shined a brighter light on the IPO market overall. With this, some traders are turning their attention to higher volatility stocks in sectors like tech. In this article, we look into a handful to see if there are any recent or upcoming milestones to consider, while sympathy sentiment from ARM stock could also play a role.

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