US EditionTrading platform eToro surges on New York debut after upsized offering
- Israel-Based trading platform eToro debuted its shares on the Nasdaq exchange on May 14, 2025, listed under the ticker symbol ETOR.
- EToro increased its offering from an initial 10 million shares at a $46-$50 range to nearly 12 million shares priced at $52 due to strong investor demand.
- The company sold about 6 million new shares and nearly 6 million shares from existing shareholders, led by underwriters including Goldman Sachs and Jefferies.
- EToro’s stock opened 34% above its IPO price at $69.69, raising approximately $620 million and valuing the company at roughly $4.26 billion.
- The successful debut may encourage other fintech IPOs amid recovering market confidence after previous delays from competitors due to macroeconomic uncertainties.
25 Articles
25 Articles
EToro (ETOR) Stock Surges 29% on First Day of Trading After IPO
Shares of eToro climbed nearly 29% in their debut on the Nasdaq exchange after going public at a roughly $4.2 billion valuation on Tuesday.Stock indexes saw mixed results on Wednesday, with the S&P 500 and Nasdaq trading higher and the Dow Industrials lower. Bitcoin (BTC) drifted modestly lower to $103,400..EToro had sold nearly 6 million shares for its IPO at $52 each, much higher than its initially marketed range and raising about $310 million…
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Yoni Assia, founder and president of ETo ro Group Ltd., facility, and Ronen Assia, founding father of ETo ro Group Ltd., facility left, sound the opening bell all through the enterprise’s going public on the Nasdaq MarketSite in New York, United States, on Thursday, May 15, 2025. Yuki Iwamura|Bloomberg|Getty Images The Initial Public Offering market has really repetitively fooled capitalists proper into pondering it’s resuming after a protracte…
eToro Rockets Past IPO Ceiling in Blockbuster Nasdaq Debut
Shares of cryptocurrency and stock trading platform eToro (ETOR) finished their first day of public trading up 28.9% after a significant last-minute increase in its IPO. The day before, on May 13, eToro increased its initial public offering to $620 million, pricing its shares above the previously proposed range of $46 to $50 apiece. The company originally planned to raise $500 million by offering 10 million shares, but eToro and its investors en…
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