🔴 Arm Holdings is trading 3.1% down in pre-market after ISS and Glass Lewis oppose CEO pay

Arm Holdings is trading 3.11% down now at $234.38 after ISS and Glass Lewis recommended voting against CEO Rene Haas’s proposed compensation plan.

• The proposed plan could award up to $800 million if valuation milestones reach $1 trillion, $1.5 trillion, and $2 trillion.
• The September 9 shareholder vote adds company-specific governance pressure.
• Broader risk-off trading is also weighing on technology stocks as Nasdaq futures decline 1.30%.