Previous Close | 35.03 |
Open | 34.51 |
Bid | 34.91 x 0 |
Ask | 35.51 x 0 |
Day's Range | 34.51 - 35.21 |
52 Week Range | 32.79 - 48.28 |
Volume | |
Avg. Volume | 0 |
Market Cap | 52.008B |
Beta (5Y Monthly) | 1.02 |
PE Ratio (TTM) | 5.79 |
EPS (TTM) | 6.08 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.32 (0.75%) |
Ex-Dividend Date | Mar 30, 2023 |
1y Target Est | N/A |
(Bloomberg) -- Oyo Hotels is reducing the shares it aims to sell via a stock-market debut by about two-thirds, an effort by its founder to get the sale done even after tech valuations plunged. Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens to Buy SVB After Biggest Failure Since 2008Binance and Its CEO Sued by CFTC Over US Regulatory ViolationsStocks Pare Gains on Tech Weakness; Bonds Retreat: Markets WrapThe once-high-flying company is preparin
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The British chip designer recently notified several of its customers of a "significant shift" to its business model, the newspaper said, citing several industry executives and former employees. Arm intends to alter its royalty program, ceasing to charge chipmakers royalties for using its designs based on a chip's value, and instead charge device makers based on the value of the device, the report said. As a result of this change, Arm anticipates generating multiple times more revenue for each design it sells, since the value of an average smartphone far exceeds that of a single chip.