Published 3 months ago

Arm climbs 10% in Nasdaq debut after pricing IPO at $51 a share

Summary by Ground News

Shares of SoftBank's Arm Holdings (ARM.O) opened 10% above their offer price in their Nasdaq debut on Thursday. The chip designer was taken private in 2016 for $32 billion by SoftBank (9984.T), which still holds a 90.6% stake. Arm's listing is being closely watched for signs of a revival in the IPO market.

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Reuters

SoftBank's Arm jumps 10% in market debut to notch $60 bln valuation

Shares of SoftBank's Arm Holdings opened 10% above their offer price in their Nasdaq debut on Thursday, giving the chip designer a valuation of nearly $60 billion in its return to the public markets after seven years.

3 months ago·United Kingdom

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Associated Press News

Arm Holdings shares gain nearly 25% in biggest initial public offering since late 2021

Shares of U.K. chip designer Arm Holdings rose almost 25% in their stock market debut, in the largest initial public offering of shares in nearly two years. The shares closed

3 months ago·United States

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abc News

Arm Holdings is valued at $54.5 billion in biggest initial public offering since late 2021

U.K. chip designer Arm Holdings is scheduled to start trading on the Nasdaq Thursday, in what is the largest initial public offering of shares in nearly two years

3 months ago·United States

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CNBC

Arm climbs 10% in Nasdaq debut after pricing IPO at $51 a share

Arm Holdings, the chip design firm, has begun trading on the Nasdaq in a long-anticipated IPO at a $54 billion valuation.

3 months ago·United States

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KVIA

Arm Holdings shares rise 10% in biggest initial public offering since late 2021

By DAMIAN TROISE and YURI KAGEYAMA AP Business Writers NEW YORK (AP) — Shares of U.K. chip designer Arm Holdings are up 10% in their stock market debut, in what is the largest initial public offering of shares in nearly two years. The shares opened at $56.10 on the Nasdaq Thursday after having been priced at $51. The offering price gave Arm a market value of $54.5 billion. Most consumers use at least one product that contains Arm’s chips, though…

3 months ago·Panama City, United States

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National Post

Arm Holdings is valued at $54.5 billion in biggest initial public offering since late 2021

NEW YORK (AP) -- U.K. chip designer Arm Holdings is scheduled to start trading on the Nasdaq Thursday, in what is the largest initial public offering of shares in nearly two years.

3 months ago·Canada

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