Arm, the largest IPO of the year, explodes 17% in first day of trading
The largest IPO in 22 months, Arm opened with a $54.5 billion market capitalization.
Arm Holdings
Valued at US$54.5 billion, Arm is 2023’s biggest IPO – so what is it?
Chip designer Arm Holdings held its initial public offer (IPO) on September 13, banking US$54.5 billion (AU$84.8 billion), making it the year’s biggest IPO to date.