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Market Chatter: Goldman Sachs to Work on EToro's IPO
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Market Chatter: Goldman Sachs to Work on EToro's IPO
Dec 6, 2024 1:32 PM

04:02 PM EST, 12/06/2024 (MT Newswires) -- Goldman Sachs ( GS ) is working with EToro for the potential initial public offering of the trading and investment platform in the US, Bloomberg reported Friday, citing people familiar with the matter.

EToro is considering an IPO as early as Q2, though the timeline may be adjusted, the report said.

The timing and number of banks involved in the IPO may be subject to change, the report said.

Goldman Sachs ( GS ) declined MT Newswires' request for comment, and EToro didn't immediately respond.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 599.57, Change: +2.77, Percent Change: +0.46

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