All three companies kicked their IPOs off on a high note, with trade closing above the initial pricing on the first day. Since, share prices have been seesawed somewhat, fueling renewed rounds of speculations. It seems short sellers played a significant role in Arm Holdings’ stock, which dipped below its $51 IPO price for the…
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This IPO is not only the largest of the year but also the largest in the past two years. Since the Rivian IPO, nothing has made a market splash like Arm since 2021. Palpable excitement among investors boosted the Dow Jones by more than 330 points. Softbank, Arm’s parent company, acquired the chip maker for…
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Others under the Goldman Sachs wing include the delivery service, Instacart, and the marketing automation platform, Klaviyo. Expected to go public sometime next week, these companies are part of the revival of tech IPOs after movements in the sector were quiet for some time. These IPOs test more than just investor willingness to risk their…
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Analysts estimate the company is worth roughly $54.4bn at this price. Softbank also received praise for its conservative approach to the IPO. Oversubscribed by more than 10 times, the group stayed its course and did not push for a higher share price. As investor interest exceeded share supplies at a price range between $47 and…
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