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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.

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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.