Arm shares drop below IPO Pricing

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Arm shares were down below its IPO price of $51 a share and down from levels of more than $60 reached in initial trading last week. While Show More

Arm shares were down below its IPO price of $51 a share and down from levels of more than $60 reached in initial trading last week.

While $Arm Holdings (ARM.US)$ listed with a valuation of more than $50 billion and has talked up its role in the growth of artificial intelligence, the shares have returned to near the listing price after an initial pop.

According to Susquehanna's Christopher Rolland and Mehdi Hosseini, the stock seems to be fully valued. They jointly initiated coverage of Arm with a Neutral rating and share-price target of $48, a figure based on an enterprise value of 15 times Arm's forecast sales for 2024.

🎙️Q:

1. What did ARM stand for?

2. Why is Arm so popular?

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SpyderCall

Oct 11, 2023 17:51

Happens Almost Every Time I Tell Ya...

$Birkenstock(BIRK.US)$
When you look back at the history of IPOs, then you will see that the majority of them eventually drop below IPO price before they make new highs. That is if they even make new highs.
$SPDR S&P 500 ETF(SPY.US)$ $Instacart(Maplebear)(CART.US)$ $Palantir(PLTR.US)$ $Arm Holdings(ARM.US)$ $Airbnb(ABNB.US)$

Arm shares drop below IPO Pricing

Noah Johnson

Sep 21, 2023 05:05

I don't think ARM is a good investment opportunity right now. ARM's IPO Imminent - What is the Company's Quality and Profit Potential?
$Arm Holdings(ARM.US)$

Arm shares drop below IPO Pricing

skate Dee

Sep 20, 2023 16:51

up or down

Arm shares drop below IPO Pricing

razo2

Sep 20, 2023 08:55

$Arm Holdings(ARM.US)$
congratulations. back to IPO

Arm shares drop below IPO Pricing

neyneypok

Sep 20, 2023 08:49

Buy at $54?

$Arm Holdings(ARM.US)$
I am thinking that it may be ideal to reload at $54 IF it doesn't fall below this PT tonight as this may be the support level compared to the lowest it went yesterday.

Arm shares drop below IPO Pricing

TheBigFatWhale

Sep 20, 2023 06:11

ColumnsIs ARM IPO Overhyped?

It has been a while since an IPO has rocked the financial markets. The ARM IPO has been the highlight since its launch last week at the price of $51.
At a PE of over 100, is it worth a look at or is it simply overhyped? Let’s take a closer look.
Giving some backdrop, Softbank took ARM private in 2016 at a valuation of 32 billion US dollars. Based on their listing IPO price of $51, it gives it a valuation of $54.5 billion dollars. Softbank still owns 90% of the company after...