Arm's debut isn't a barometer for the IPO market

Arm's (ARM) stock skyrocketed in its opening day on the Nasdaq Thursday. But IPO experts warn that the British chipmaker's debut on the public markets isn't indicative of how other newly listed companies may perform.
Arm, a formerly public company, was taken private by SoftBank in 2016. The well-established chip designer says it powers 99% of premium smartphones.
"It's a…

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