Arm Holdings Ltd, a chip designer backed by SoftBank Group Corp (OTC: SFTBF) (OTC: SFTBY), has officially launched its roadshow for its highly anticipated initial public offering (IPO).
Softbank's Arm is slated to go public next week in what is expected to be the biggest IPO of the year. Jim Cramer slapped his seal of approval on the name Tuesday morning and suggested demand for the chip designer will be off the charts<
Alibaba Group Holding Limited's (NYSE: BABA) stock is trading lower Tuesday in line with the broader indexes IShares China Large-Cap ETF (NYSE: FXI) and KraneShares Trust KraneShares CSI China
With the start of a new week comes the excitement surrounding a new set of companies looking to make an impact through their public offerings. According to Benzinga Pro, these enticing companies are scheduled to trade publicly this week.
In an ambitious move, Arm Holdings Ltd, a leading chip designer under the banner of SoftBank Group Corp (OTCMKTS: SFTBY), is setting the stage for its initial public offering (IPO) next week.
What Happened: The company hinted at a share price bracket of $47 to $51, insiders revealed to Reuters.
With the start of a new week comes the excitement surrounding a new set of companies looking to make an impact through their public offerings. According to Benzinga Pro, these enticing companies are scheduled to trade publicly this week.