SoftBank’s Arm lists at $56.10 apiece in a stellar Nasdaq debut; surges nearly 25% to $65 billion valuation
Arm share price surged 24.68% to close at $63.59 on the first day of the trading, giving the British chip designer a valuation of $65 billion.
SoftBank’s Arm Holdings made a decent debut on the Nasdaq Thursday. Chip designer Arm's American Depositary Shares opened at $56.10 apiece compared with the initial public offering price of $51.
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