EL7.AI
StocksMedium•1 July 2026•
1 min read

ITG shares jump 12.5% in Nasdaq debut, market cap reaches $2.18 billion

Key Facts

1ITG's shares rose 12.5% in their Nasdaq debut, giving the Oaktree-backed company a market value of $2.18 billion, signaling strong AI infrastructure demand.

Amid surging demand for AI investments, ITG made a strong Nasdaq debut. Shares rose 12.5% on the first day, giving the company a market value of $2.18 billion, according to Reuters. The performance underscores continued investor appetite for AI-driven digital infrastructure.

Backed by Oaktree Capital Management, ITG enters the market during a boom in AI infrastructure spending, as corporations and governments ramp up computing capacity. The IPO follows a string of successful listings by AI-related tech companies on U.S. exchanges.

With no historical trading data, investors will watch upcoming quarterly reports to gauge ITG's performance. The stock's price action in the coming weeks will serve as a barometer for AI infrastructure demand. Markets will also look for any forward guidance from management on expansion plans.