In an interview with Cheddar TV’s Kristen Scholer, Tech Edge Editor-in-Chief John Jannarone provided tips on navigating IPOs as a retail investor, with chip maker Arm Holdings plc making its debut on the NASDAQ in the biggest IPO of the year. Institutional investors benefited from early access, purchasing shares at the top of the price range, while retail […]
Retail traders getting their first bite at Arm Holdings' highly anticipated public offering when the British chip designer begins trading this week should beware: individual investors often get burned when they jump on hot listings. Arm's goal of raising around $5 billion in New York in what might be the biggest IPO of 2023 follows other major listings in recent years whose returns have mostly disappointed. Since Arm, owned by Japan's SoftBank Group's, is not well-known among consumers, it is focusing its IPO marketing efforts on institutional investors, people familiar with the deal said.