ARM Holdings Soaring On Takeover Rumors

ARM Holdings (NASDAQ: ARHM) shares are soaring today, gaining more than 8% on rumors the company could potentially be acquired. It was mentioned earlier that either Intel (NASDAQ:
INTC
) or Apple (NASDAQ:
AAPL
) could potentially be an acquirer of the British technology company. At last check, shares of ARMH were up $2.15 to $26.19, a gain of 8.94%‎ on 6.6 million shares. ARM Holdings plc and its subsidiaries design microprocessors, physical IP, and related technology and software, as well as sells development tools to enhance the performance of high-volume embedded applications.
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