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What happened to Israeli hi-tech on Wall Street

What happened to Israeli hi-tech on Wall Street

Wednesday,  October 26

The State of Israel takes pride every day in its highly developed hi-tech industry, innovations that it brings to the world, and it’s phenomenal economic success. However, in the shadow of the COVID-19 crisis, rising inflation, and other current macroeconomic shifts, the financial success of the Israeli hi-tech industry also appears to be changing. What has happened in the past year on Wall Street? The month of June 2021 was exceptional for the Israeli hi-tech landscape. In the course of a single month, there were eight IPOs by Israeli hi-tech companies on Wall Street, for a combined value of 38 billion dollars....

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Written by Investment Research Department

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