Arm shares sink as some analysts question valuation after weak forecast

By Arsheeya Bajwa (Reuters) – Shares of Arm Holdings sank 8% on Thursday after a delay in a large deal hampered the company’s quarterly forecast in the first earnings since its float in September. The company, which develops and licences semiconductor intellectual property to tech giants including Apple, was set to erase more than $4 billion from its market value. Several analysts raised questions about the valuation of the company, which is grappling with uncertainty stemming from new accounting rules on how revenue from large, multi-year license deals must be recognized in its books. “We are…

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