(CNBC) Arm, the chip design firm that supplies core technology to companies including Apple and Nvidia, priced its initial public offering at $51 a share. Arm’s fully diluted market cap, which includes outstanding restricted stock units, is over $54 billion at the $51 offer price. The company said in a press release that it will start trading on Thursday under the symbol “ARM.”
Arm prices IPO at $51 per share, valuing company at over $54 billion
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