Published

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.

0 Articles

All
Left
Center
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 53% of the sources are Center
53% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)