How the chip company Arm wants to become the new stock market star

by time news

2023-09-09 20:31:47

It can happen so quickly: a few weeks ago, the Arm company was only known to technology geeks. And now the entire financial world is talking about the British chip developer. Because he is aiming to go public, he wants to make some of his shares tradable on the American technology exchange Nasdaq in the coming days.

Sarah Huemer

Editor in the “Value” department of the Frankfurter Allgemeine Sonntagszeitung.

Rumor has it that it could be the biggest IPO of the year in the US. An exciting experience after hardly any new companies have dared to go public in the past few months. In any case, Arm has secured the attention. But whether it will actually get off to a successful start is anything but certain. The price range of a share is between $47 and $51.

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