Market Chatter: eToro Temporarily Delaying IPO Presentations due to Market Conditions

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Market Chatter: eToro Temporarily Delaying IPO Presentations due to Market Conditions

, MT Newswires - 4:40 PM ET 4/4/2025 default

04:40 PM EDT, 04/04/2025 (MT Newswires) -- eToro, a trading and investment platform based in Israel that previously disclosed plans for an initial public offering of its common stock in the US, is temporarily shelving those efforts due to the market turmoil that has followed President Donald Trump's new tariffs, Reuters reported Friday, citing a person familiar with the deal.

eToro had planned to start investor presentations for the upcoming IPO next week but decided on a delay until at least April 20 because of market conditions and volatility, according to the report.

The company did not immediately respond to a request from MT Newswires seeking comment on Friday.

Several other companies, including ticket resellers StubHub and Swedish fintech Klarna, also have similarly scrapped their scheduled IPO presentations, according to media reports on Friday.

(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.)

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.