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eToro Debuts on Nasdaq at $52 Per Share, Valuing Company at $4.2 Billion
eToro Debuts on Nasdaq at $52 Per Share, Valuing Company at $4.2 Billion
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eToro, the stock and crypto trading platform, made its Nasdaq debut at $52 per share, significantly exceeding its marketed range. The company raised $310 million by selling 6 million shares, achieving a valuation of $4.2 billion. This listing marks the first major public offering in months amid volatile market conditions.
The strong demand for eToro shares reflects growing investor confidence in digital asset platforms. The company had delayed its IPO due to geopolitical tensions, but revived plans as market sentiment improved. Its public debut signals renewed appetite for fintech and crypto-related equities.
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eToro Debuts on Nasdaq at $52 per Share, Surpassing Market Expectations
