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“Arm stock surges 24% over IPO price after Nasdaq debut”

“British chipmaker Arm (ARM) debuted on the public markets on Thursday, opening at $56.10 on the Nasdaq in afternoon trading.

Arm’s shares jumped 10% right as trading began and climbed over 20% to above $61 in the first 30 minutes of trading. The stock closed up nearly 25%. Going into the IPO, shares were priced at $51 each…”

https://finance.yahoo.com/news/arm-stock-surges-24-over-ipo-price-after-nasdaq-debut-162614427.html

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