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Reading: Reliance Global stock surges 157% as Spetner takeover seen doubling revenue (RELI:NASDAQ)

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Reliance Global stock surges 157% as Spetner takeover seen doubling revenue (RELI:NASDAQ)

Last updated: December 23, 2024 9:12 pm

By MT HANNACH

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The concept of the word M&A on cubes on a beautiful green background — Zhanna Hapanovitch/iStock via Getty Images

Reliance Global Group (NASDAQ:RELI) action exploded 157% Monday as the insurance company’s acquisition of Spetner is in its final stages and expected annual turnover almost doubledits general director said on Monday.

Since the deal was announced, it is expected that