shares

Arm valued at $65.24Bn after blockbuster IPO debut, shares soar by 25% before close

Yesterday, SoftBank’s Arm Holdings clocked a blockbuster initial public offering (IPO) – the biggest of the year – by raising nearly $5 billion and setting the tone for a strong comeback of the depressed IPO market. Now, it has made a rather explosive return to the public markets after its shares opened above the IPO … [Read more…]

Arm valued at over $54 billion in this year’s biggest tech IPO, shares priced $51 apiece

British chip design firm Arm has been gearing up to go public for quite some time, and now, the chipmaker has set the stage for one of the most significant initial public offerings (IPOs) of 2023. In a move that marks a resurgence in the tech IPO market, Arm revealed that it has priced its … [Read more…]