Shares of trading platform eToro, which listed on Nasdaq on Wednesday, rose 29 percent after the company's expanded initial public offering priced at $52 a share. The company, which trades cryptocurrencies and stocks under the ticker ETOR, closed at $67, according to Yahoo Finance.
The offering, led by Goldman Sachs, Jefferies, UBS Investment Bank and Citigroup, includes about 11.90 million shares of Class A common stock, with about half sold by the company and the rest by existing shareholders. Deutsche Bank Securities, Cantor and Bank of America Securities also participated, eToro said on Tuesday.
Data: eToro shares rose 29% on its first day on the Nasdaq
2025-05-14 23:31:06
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