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eToro Debuts on Nasdaq at $52 per Share, Surpassing Market Expectations
eToro Debuts on Nasdaq at $52 per Share, Surpassing Market Expectations
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eToro, the stock and crypto trading platform, made a striking Nasdaq debut at $52 per share, well above its marketed range. The company raised $310 million by selling 6 million shares, achieving a valuation of $4.2 billion. Investor demand far exceeded projections, signaling robust market confidence despite recent volatility.
The listing marks a resurgence in IPO activity after a months-long hiatus driven by geopolitical uncertainty. eToro’s successful offering could reignite interest in public listings among fintech firms, particularly those bridging traditional and crypto markets.
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eToro Debuts on Nasdaq at $52 Per Share, Valuing Company at $4.2 Billion
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