{"id":85881,"date":"2023-09-14T02:00:24","date_gmt":"2023-09-14T06:00:24","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=85881"},"modified":"2023-09-14T01:45:00","modified_gmt":"2023-09-14T05:45:00","slug":"arm-prices-ipo-at-51-per-share-valuing-company-at-over-54-billion","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2023\/arm-prices-ipo-at-51-per-share-valuing-company-at-over-54-billion.html","title":{"rendered":"Arm prices IPO at $51 per share, valuing company at over $54 billion"},"content":{"rendered":"\n<p>(CNBC) Arm, the chip design firm that supplies core technology to companies including <a href=\"https:\/\/www.cnbc.com\/quotes\/AAPL\/\">Apple<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/NVDA\/\">Nvidia<\/a>, priced its initial public offering at $51 a share. Arm\u2019s fully diluted market cap, which includes outstanding restricted stock units, is over $54 billion at the $51 offer price. The company said in a <a rel=\"noreferrer noopener\" href=\"https:\/\/www.businesswire.com\/news\/home\/20230913944520\/en\/Arm-Announces-Pricing-of-Initial-Public-Offering\" target=\"_blank\">press release<\/a> that it will start trading on Thursday under the symbol \u201cARM.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/09\/13\/arm-prices-ipo-at-51-per-share.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(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\u2019s fully diluted market cap, which includes outstanding restricted stock units, is over $54 billion [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85881","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=85881"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85881\/revisions"}],"predecessor-version":[{"id":85882,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85881\/revisions\/85882"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=85881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=85881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=85881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}