Site icon GIXtools

This year’s biggest tech IPO begins as ARM hits Nasdaq

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.

To read this article in full, please click here

Source:: Computerworld

Exit mobile version