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Thursday, September 14, 2023

SoftBank's Arm soars nearly 25% in market debut to $65 billion valuation

Shares in SoftBank's Arm Holdings surged nearly 25% above their Nasdaq debut price, signaling a potential turnaround in the IPO market. Arm's strong performance suggests that investor demand for IPOs may be rebounding after being impacted by geopolitical tensions and higher interest rates. This success could trigger a wave of stock market launches in 2024.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/tFsQNvf

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Tata Sons' AGM may face hurdle over quorum clause

Tata Sons' upcoming annual general meeting faces a quorum challenge. This issue could affect the reappointment of chairman N Chandraseka...