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- Arm became the biggest IPO in the US since 2021 when it made its market debut on Thursday.
- Its stock rose 25% – with retail investors keen to jump on the bandwagon of AI-related stocks.
- Fidelity users placed over 20,000 buy orders on Thursday, Bloomberg reported.
Arm's successful first day of trading has caught the eye of retail equity investors.
Shares in the UK-based chip designer rose 25% after debuting with the largest IPO since 2021, as individual investors piled into the stock hoping to capture a slice of the gains.