The year’s most hotly anticipated initial public offering (IPO) in tech opened at the starting bell this morning, with ARM Holdings’ (ARM) stock beginning the day on Nasdaq at $51 per share. That’s the cost per share for the 10% of the company (95.5 million shares) Softbank is putting up for auction so far, aiming for a roughly $54 billion valuation on the stock.
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Source:: Computerworld