ARK Bought $9.4M Worth of eToro (ETOR) Stock on Trading Platform's Nasdaq Debut
9 Articles
9 Articles
ARK Bought $9.4M Worth of eToro (ETOR) Stock on Trading Platform's Nasdaq Debut
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…
eToro IPO: Cathie Wood’s ARK Invest Buys $9.4 Million in Shares on Nasdaq Debut
Cathie Wood’s California-based investment company, ARK Invest, acquired about $9.4 million worth of eToro shares on Tuesday. The purchase coincided with eToro’s debut on the Nasdaq stock exchange. ARK added roughly 140,000 shares to its ARK Fintech Innovation ETF, which focuses on companies in the financial technology sector, Coindesk reported.eToro IPO Raises $620 MillioneToro began trading under the ticker symbol "ETOR." The shares closed at $…
Crypto, Stock Trading Platform eToro Soars to $5.4 Billion Market Cap After Nasdaq Debut - WorldNL Magazine
In brief Shares of stock and crypto trading app eToro closed 29% higher at $67 following its Nasdaq debut. Co-founder and CEO Yoni Assia views crypto as “a revolutionary technology.” In the U.S., eToro offers trading on just three cryptocurrencies, following a $1.5 million settlement with the SEC. Shares of stock brokerage platform eToro closed 29% higher on Wednesday following the firm’s Nasdaq debut, settling around $67, according to the excha…
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