December 9, 2023

Castlow

Be INvestment Confident

Arm IPO: Need to You Purchase ARM Inventory?

The most popular first community offering (IPO) in a long time has so far lived up to its hoopla. Arm Holdings (ARM) priced its IPO at the major conclusion of its vary of $47 to $51 a share. The listing presents the British chip designer a industry worth of $54.5 billion, whilst boosting $5 billion in fresh capital in the approach. 

Arm’s American depositary shares commenced buying and selling September 14 underneath the ticker ARM on the Nasdaq Worldwide Decide on Market. ARM opened today at $56.10. Shares attained $66.28 in intraday investing prior to settling at $63.59.