Arrow Electronics shares fall 2.13% intraday as GTDC, CONTEXT, and IDC announce a global data collaboration.

Arrow Electronics, Inc. declined 2.13% in intraday trading. The recent news event involving a collaboration between GTDC, CONTEXT, and IDC to create a comprehensive data source for IT vendors and distributors across key markets may have influenced the stock's movement. This collaboration aims to provide actionable data and a 360-degree view of market trends, which could be seen as a positive development for the company. However, the stock's decline suggests that investors might be reacting to other factors or uncertainties not directly addressed in the news.