TRADING PLATFORM ETORO VALUED AT $5.6 BILLION IN BUMPER NASDAQ DEBUT
- NEWS Desk Global
- 5 hours ago
- 1 min read
Robinhood-rival eToro secured a valuation of $5.64 billion after its shares surged 34% in their Nasdaq debut on Wednesday, becoming the first U.S. IPO to make it to market after tariff uncertainty delayed several planned launches.
The Israeli company's stock opened at $69.69 apiece, compared with the IPO price of $52, underscoring strong market interest for platforms enabling speculation and trading by retail investors.
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