Saturday, September 9, 2023

SoftBank's Arm IPO currently six times oversubscribed

While the oversubscription does not guarantee strong IPO performance, it is a positive sign for Arm. It makes it more likely that the company will, at a minimum, reach its targeted price range of $47 to $51 per share, a source said.

from Tech-Economic Times https://ift.tt/0kqIa3M

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