eToro jumps 30% on Nasdaq debut after upsized IPO
Crypto and stock trading platform eToro closed its first day of public trading up 28.9% after it jacked up its IPO at the 11th hour.
Crypto and stock trading platform eToro has seen its share price gain nearly 30% during its debut on the Nasdaq after the company made a last-minute boost to its initial public offering.
Shares in eToro Group Ltd (ETOR) closed May 14 trading at $67, up 28.9% from its initial offering price of $52, according to Yahoo Finance. It brings the company’s market value to over $5.5 billion.
Its stock price shot to a high of $74.26 during the trading day before cooling and has also slightly dipped by 0.7% after the bell to $66.53.
