Arm Holdings options to come to market starting Monday

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Options contracts on SoftBank's Arm Holdings, will debut on Nasdaq's exchanges on Monday, offering investors a new way to bet on the fortunes of the year's biggest initial public offering. Nasdaq plans to list options on Arm Holdings across all six of its exchanges, a spokesperson for the exchange said on Friday. Other options exchange operators, Cboe Global Markets and Intercontinental Exchange's New York Stock Exchange, did not immediately respond to a Reuters request for comment on their own plans to list ARM options.

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The owner of sports drink company BioSteel says it has filed for creditor protection in the U.S. and Canada and is trying to find a buyer for the business.Ontario-based Canopy Growth, the largest cannabis company in North America, said in a news statement Thursday that it has ceased funding BioSteel Sports Nutrition Inc., and that BioSteel has commenced proceedings under the Companies Creditors Arrangement Act .

Algonquin stock is cheaper than its larger peers for a reason. It may be smart of interested investors to wait before considering a position. The post Algonquin Power & Utilities: Why It’s Cheap Today appeared first on The Motley Fool Canada.

 

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