comes 19 months after Nvidia, the Silicon Valley chip maker, abandoned an effort to buy Arm for $40 billion.
Why It Matters: Arm’s shares could influence the overall I.P.O.
Arm is listing its shares on Nasdaq under the ticker symbol ARM.
The company priced its shares at $51 each, but the stock could open for trading at a different price.
Usually there’s a period of at least an hour during which buy and sell orders are matched up to set an opening price.
Persons:
SoftBank
Organizations:
Nvidia, Federal Trade Commission, Nasdaq
Locations:
Silicon