Arm Holdings Plc’s stock rose 6.6% in premarket trade Friday, extending the 25% gain it saw in its trading debut on Nasdaq on Thursday. The chip maker’s...
Arm Holdings Plc’s stock ARM, +24.69% rose 6.6% in premarket trade Friday, extending the 25% gain it saw in its trading debut on Nasdaq on Thursday. The chip maker’s initial public offering priced at the high end of its proposed range and surged out of the gate. The company had a market capitalization of more than $65 billion at close of trade.
Chief Financial Officer Jason Child told MarketWatch on Thursday that Arm’s focus going forward would be to take advantage of the skyrocketing costs of making smaller and smaller nanometer-sized transistors for chips. As transistors get smaller, the cost for intellectual property and software verification has ballooned to take up as much as three-quarters of the design cost, he said. More than 1.6 million shares had changed hands in premarket trade Friday.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Early indications show Arm stock opening nearly 18% above IPO priceEarly indications from the Nasdaq suggest that Arm Holdings PLC’s stock will debut on the Nasdaq roughly 18% above where the semiconductor designer’s initial...
続きを読む »
Arm Stock Gets Its First Buy Rating Even Before the IPONewStreet Research sets a Buy rating and $59 target price on shares of chip-design house Arm, which is set for an initial public offering on Thursday.
続きを読む »
Arm’s stock receives warm Wall Street reception, opens 10% above IPO priceArm Holdings PLC’s stock received a warm reception in its Wall Street debut Thursday, as the U.K.-based semiconductor-design company’s stock’s first trade...
続きを読む »
Stock Market Today: Dow Rallies 350 Points; Arm IPO in FocusLive coverage of what's moving stocks and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
続きを読む »
Stock market today: Dow rallied after Arm IPO popped; eyes turn to Fed meeting By Investing.comStock market today: Dow rallied after Arm IPO popped; eyes turn to Fed meeting
続きを読む »
Arm debut will help jump-start IPO market, early Airbnb investor Rick Heitzmann suggests“People are looking for the new toy,” FirstMark Capital’s Rick Heitzmann says after Arm Holdings stock jumps 25% in its first trading day.
続きを読む »