Arm climbs 16% in Nasdaq debut after pricing IPO at $51 a share
Arm CEO Rene Haas and executives cheer, as Softbankâs Arm, chip design agency, holds an preliminary public providing (IPO) at Nasdaq Market web site in New York, U.S., September 14, 2023. Brendan Mcdermid | Reuters Arm Holdings, the chip design firm managed by SoftBank, jumped over 16% throughout intraday buying and selling on Thursday after…