May 15, 2025
Etoro Stock Surges 29% on FIRST DAY OF TRADING thumbnail
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Etoro Stock Surges 29% on FIRST DAY OF TRADING

Shares of the Stock and Crypto Trading Platform Had Priced Nicely Above their Expectioned Offering Price.”, – WRITE: www.coindesk.com

Shares of the Stock and Crypto Trading Platform Had Priced Nicely Above their Expectioned Offering Price.Updated May 14, 2025, 8:41 pm Published May 14, 2025, 8:37 PM

Shares of Etoro Climbed Nearly 29% in Their Debut on the Nasdaq Exchange After Going Public at A Roomhly $ 4.2 Billion Valuation on Tuesday.

Stock Indexes Saw Mixed Results on Wednesday, With The S&P 500 and Nasdaq Trading Higher and the Dow Industrials Lower. Bitcoin (BTC) Drifted Modestly Lower to $ 103.400 ..

ETORO HAD SOLD NEARLY 6 MILLION SHARES FOR ITS IPO at $ 52 Each, Much Higher Than Itly Marketed Range and Raising About $ 310 Million.

The Stock and Crypto Trading Platform Became The Firmst Company to Resume Plans to Go Public After A Number of Competitors Like Robinhood, Circle and Other Hadened Their Ipos All Eyes Are Now On the Other to See if they Will Follow in Etoro’s Steps, Especialy Given Its Successful Debut.

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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