You are viewing a single comment's thread from:RE: LeoThread 2023-09-16 01:02View the full contextbusinessinsights (51)in LeoFinance • 9 months ago 🧵 1. Arm Holdings' stock calms down on its 2nd trading day after Nasdaq debut; still valued at $72 billion. #business
🧵 2. Shares open at $67, up 6%; retreated from premarket highs amid concerns over pricey valuation.
🧵 3. SoftBank retains 90% ownership of Arm, some investors wary due to the tech giant's struggling Vision Fund.
🧵 4. Despite concerns, strong demand for Arm's IPO; strategic investors like Apple and Nvidia on board.