SoftBank's investment in ARM Holdings has proven to be highly successful. ARM's stock has surged significantly, reaching a 52-week high and hitting $171, marking a 7% increase. The company's market capitalization has grown to $179 billion. SoftBank, which acquired ARM for $32 billion in 2016, still owns 90% of the company. ARM's recent performance has been driven by its addition to a major index and quarter-end market dynamics. The stock earlier hit $164 and $169, with a market cap of $177 billion.
$ARM just doubled from the drop in April
$ARM +7% to $171 $179 Billion market cap SoftBank bought for $32B in 2016 Still owns 90% https://t.co/mMNH98TRYS
$ARM over 170 now +7% nearly, one of these perfect storms you rarely see where gets added to a big index and also the quarter end chase in a giant triple witching OPEX is just forcing demand onto the market If you were just a chartist you would have sold this weeks ago because…
$ARM +5% to $169 $177 Billion market cap SoftBank bought for $32B in 2016 Still owns 90% https://t.co/zViEYqpgNv
$ARM looks just started today need to pull back some and hold 167-168 then pop w/ heavy vol https://t.co/Ohl6Kqqjxb
$ARM hitting 52 week high list.
$ARM bot more positions https://t.co/2pvqmPUwIG
$ARM back to $164 https://t.co/1lbGf78bU9
SoftBank has become an investment powerhouse! @SoftBank, @perplexity_ai https://t.co/LlT5KVvBPo