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ARK Bought $9.4M Worth of eToro (ETOR) Stock on Trading Platform's Nasdaq Debut

Summary by Coin Desk
ARK Invest didn't wait around to add eToro (ETOR) to its portfolio.Cathie Wood's St Petersburg, California-based investment management company bought 140,000 shares in eToro on the stock-and-crypto trading platform's Nasdaq debut on Wednesday.The firm's ETOR allocation is worth just under $9.4 million, based on the closing price of $67. The shares rose 29% on the first day of trading after opening at $52, which itself was significantly higher th…

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FX News Group broke the news in on Thursday, May 15, 2025.
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