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

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

Shares of UK 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 opened at $56.10 on the Nasdaq Thursday after having been priced at $51. They closed at $63.59, giving Arm a market…

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

NEW YORK (AP) — 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 opened at $56.

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

NEW YORK (AP) — 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 opened at $56.

Arm Stock Pops in Public Debut

At $56.10, shares opened 10% above IPO price, giving the company a valuation of $59.9 billion. Several prominent tech firms have sought to buy into the offering.

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.

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…