ARM Stock Surges 10% to Record $282.80, Market Cap Tops $3 Trillion; SoftBank Gains $220B+

GateNews
According to Odaily, ARM stock surged 10% to a record high of $282.80 per share in trading today, with the company's market capitalization crossing $300 billion for the first time, reaching $300.9 billion. SoftBank Group, which holds approximately 87% of ARM's shares, has seen its investment gain over $220 billion in book value since the company's 2016 privatization and 2023 IPO, generating a cumulative return of approximately 550% on the initial $40 billion acquisition cost.
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