UPDATE 1-Adtech platform MNTN gains over 31% in stellar Nasdaq debut
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MNTN, an adtech platform for internet-connected TVs, debuted on the Nasdaq with a 31.25% gain, achieving a valuation of $1.62 billion. The stock opened at $21, above the IPO price of $16, raising $187.2 million by selling 11.70 million shares. This successful debut reflects a recovering IPO market and follows eToro's recent Nasdaq success, indicating a positive trend for upcoming public offerings amid a favorable U.S. trade outlook.
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