Retail trading platform eToro filed for an initial public offering in the U.S., seeking to list its shares on the Nasdaq Global Select Market, according to CNBC. The IPO comes amid expectations of deregulation under Trump, although market volatility from trade policy uncertainty lingers. The company offers trading and investment services, and its net income substantially increased compared to the previous year. Goldman Sachs, Jefferies, UBS, and Citigroup will serve as underwriters for the IPO.
Category
🗞
NewsTranscript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Trading platform eToro filed for an initial public offering in the U.S.,
00:06seeking to list its shares on the Nasdaq Global Select Market, according to CNBC.
00:10The IPO comes amid expectations of deregulation under Trump.
00:14The market volatility for trade policy uncertainty lingers.
00:18Company offers trading and investment services,
00:20and its net income saw a substantial increase compared to the previous year.
00:24Goldman Sachs, Jeffries, UBS and Citigroup will serve as underwriters for the IPO.
00:28For all things money, visit Benzinga.com.