May 14, 2025
ETORO GOES PUBLIC AT $ 52 A Share, Far Exceeding Marketed Range thumbnail
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ETORO GOES PUBLIC AT $ 52 A Share, Far Exceeding Marketed Range

The Company Raceded About $ 310 Million from The Nasdaq Listing.”, – WRITE: www.coindesk.com

The Company Raceded About $ 310 Million from The Nasdaq Listing. May 14, 2025, 12:02 AM

Shares of Stock and Crypto Trading Platform Etoro (ETOR) Have DEBUTED AT $ 52 A Share After The Company Hit the Nasdaq Exchange on Tuesday Evening.

The Company Raceded About $ 310 Million from Investors As It Sold 6 Million Shares at A Price of $ 52 A Piece. The Listing Values ​​The Company At $ 4.2 Billion.

The price is significantly Higher than the marketed Range, as the companya received a Much Higher Demand than Previously anticipated.

ETORO BECOMES The FIRST COMPANY to GO PUBLIC AFTER A ROUGH COUple of MONTHS IN Markets Across The Us, As President Donald Trump is in Discussions to Make Severall.

Because of that, Many Companies, Including Etoro, Had Delayed Going Public, But Bloomberg Reported Last Week That Trading Platform Was Resuming Plans.

The Company Will Trade Under the Ticker “Etor”.

Helene Braun

Helene is a New York-Basted Markets Reporter at Coindesk, Covering The Latest News From Wall Street, The Rise of the Spot Bitcoin Exchange-Traded Funds and Updates on CRYPTO Markets. She is a graduate of new York University’s Business and Economic Reporting Program and Has Appeared on CBS News, Yahoofinance and Nasdaq Tradethalks. She Holds BTC and ETH.

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Helene Braun

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