SoftBank’s Arm Sees Strong $60bn Nasdaq Debut

  • SoftBank’s Arm Holdings was valued near $60 billion in successful Nasdaq debut, with shares jumping above their offer price.
  • Despite hurdles and market fluctuations, experts see Arm’s listing as a critical boost to the IPO market and fosters confidence amidst investors.
  • Despite some concerns about exposure to risks in China, the IPO was oversubscribed multiple times, evidencing faith in the company’s prospects.
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