Israeli drone company XTEND entered the New York Stock Exchange with a burst of investor enthusiasm, with its shares surging 25% on their first day of trading. XTEND began trading on the NYSE on Friday following its merger with publicly traded real estate company JFB. The transaction valued XTEND at approximately $1.5 billion and changed JFB’s trading symbol to XTND.
Read the full article on Calcalist: XTEND’s 25% surge in debut gives Israeli drone maker a strong start on Wall Street | Ctech
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