By Saqib Iqbal Ahmed NEW YORK (Reuters) - Options on the newly listed shares of SoftBank's Arm Holdings, the year's biggest initial public offering, ...
By Saqib Iqbal Ahmed NEW YORK - Options on the newly listed shares of SoftBank's Arm Holdings, the year's biggest initial public offering, started trading on Monday, at a brisk pace, as aHalifax Urban Folk Festival on both sides of the harbour | SaltWireNEW YORK - Options on the newly listed shares of SoftBank's Arm Holdings, the year's biggest initial public offering, started trading on Monday, at a brisk pace, as a drop in the share price prompted investors to take guard.
"The volume is robust," said Ophir Gottlieb, chief executive of Los Angeles-based Capital Market Laboratories. "The stock has fallen quickly. ... There is substantial selling pressure; put action could be speculations on further downside," Gottlieb said.
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