Short sellers must wait to take a stab at SoftBank’s Arm Holdings soaring shares
By
Biju Kumar
Investors looking to bet against the soaring shares of newly-listed Arm Holdings may have to wait at least a day before the stock becomes available for shorting, analysts said.
Shares in SoftBank’s Arm Holdings opened 18% above their offer price in their Nasdaq debut on Thursday, valuing the British chip designer at nearly $60 billion in its return to the public markets after seven years.