ARKO shares surge 11.79% intraday as subsidiary launches $210M IPO.

ARKO Corp. surged 11.79% intraday following the announcement of its subsidiary Arko Petroleum Corp.’s $210 million IPO, which could value the unit near $1 billion, and preliminary 2025 fourth-quarter results showing adjusted EBITDA growth. The IPO, offering 10.5 million shares at $18–$20, signals capital-raising confidence, while the company reported adjusted EBITDA of $63.1–$66.1 million for the quarter, up from $54.8 million in 2024. Despite a projected net loss to modest income, the focus on stronger operational performance and the IPO’s market potential drove investor optimism.