welcome
CNBC

CNBC

Business

Business & Economics

Arm jumps 6% in pre-market trade with valuation topping $72 billion

CNBC
Summary
Nutrition label

73% Informative

Arm Holdings jumped another 6% on Friday in U.S. pre-market trade, continuing its rally after its Nasdaq debut this week .

The chip designer's shares were trading just over $67 around 6:10 a.m. ET , implying a valuation of more than $72 billion .

It comes after Arm shares rallied nearly 25% on its first day of trade on Thursday .

VR Score

82

Informative language

86

Neutral language

40

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links