Arm shares return to offer price

Eight days after its IPO, Friday’s market close saw Arm shares at 32 cents above the $51 offer price after hitting $63 in the days immediately after the offer.

The spike in the price may have owed more to media hype than commercial fundamentals.

The media hype suggested that Arm is an AI stock and that it is about to increase revenue by adding more system knowledge to its IP.

Analysts questioned that while pointing to Arm’s uncertain exposure to China from where it gets 24% of its revenues.


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  1. Well here’s a story that hasn’t aged well!

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