Matthew Griffin
Stocks Reporter at Bloomberg News
Stocks reporter @business | Duke '22 | Opinions are my own | Send tips or ideas: [email protected]
Articles
-
3 weeks ago |
bloomberg.com | Matthew Griffin |Anthony Hughes
(Bloomberg) -- EToro Group Ltd. shares rose 29% in its first session as a public company, after the trading and investment platform and some of its backers raised nearly $620 million in an upsized IPO. Shares of the Israel-based firm closed at $67 on Wednesday, above the initial public offering price of $52 apiece. The trading gives EToro a market value of more than $5.5 billion, based on the outstanding shares listed in an earlier filing.
-
3 weeks ago |
news.bloomberglaw.com | Matthew Griffin |Anthony Hughes
EToro Group Ltd. and some of its shareholders raised nearly $620 million in an upsized US initial public offering priced above the marketed range. The trading and investment platform and a group of its investors sold 11.92 million shares at $52 each, according to a statement Tuesday. Funds and accounts managed by BlackRock Inc. had signaled interest in buying as much as $100 million worth of EToro shares at the IPO price, according to an earlier filing.
-
3 weeks ago |
bloomberglinea.com | Esha Dey |Matthew Griffin
Bloomberg — Los inversionistas en renta variable de Estados Unidos observarán atentamente el inicio de las conversaciones comerciales entre la administración Trump y China, con billones de dólares pendiendo de un hilo para las empresas estadounidenses. El miembro promedio del S&P 500 obtuvo el 6,1% de sus ingresos de la venta de bienes en China o a empresas chinas en 2024, según un análisis de Gillian Wolff y Gina Martin Adams de Bloomberg Intelligence. “En resumidas cuentas, si EE.UU.
-
4 weeks ago |
bloomberg.com | Esha Dey |Matthew Griffin
Companies like Nike Inc., Estee Lauder Cos. and Philip Morris International Inc. are heavily exposed according to Bloomberg supply-chain data. (Bloomberg) -- US equity investors will be watching closely as trade talks kick off between the Trump administration and China, with trillions of dollars hanging in the balance for American companies.
-
1 month ago |
bloomberg.com | Matthew Griffin
Donald Trump(Bloomberg) -- A small logistics company’s plan to hold President Donald Trump’s memecoin as a treasury asset is fueling its blistering stock rally. Freight Technologies Inc. said it will use proceeds from the sale of convertible notes to buy the Trump digital token. The company intends to start with a $1 million offering, and may raise up to $20 million. The penny stock more than doubled on Friday, giving it a $4.71 million market value.
Try JournoFinder For Free
Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.
Start Your 7-Day Free Trial →Coverage map
X (formerly Twitter)
- Followers
- 640
- Tweets
- 1K
- DMs Open
- Yes
EToro and some of its shareholders are seeking to raise as much as $500 million in a US IPO, after the trading and investment platform paused its listing plans amid tariff-related stock volatility: https://t.co/SijzDRHACK
Freight Technologies' plan to hold President Donald Trump’s memecoin as a treasury asset is fueling a blistering stock rally: https://t.co/bRZjwhHQSQ
Crypto stocks have had quite a month. Read about it in my story for @business: https://t.co/Fz1vdHg0G9