eToro IPO: Shares Soar Nearly 40% on Nasdaq Debut

Israeli fintech giant eToro’s shares, under the symbol ETOR, debuted on Nasdaq today (Wednesday) in a much-anticipated Wall Street listing. As expected, the shares were initially priced at $52.

Ahead of the debut, the company confirmed that it has increased the
price of its initial public offering (IPO) to $52 per share, as its shares are
set to begin trading publicly on Nasdaq today (Wednesday) under the ticker
“ETOR”.

Market Capitalization above $4B

According to Nasdaq data, the market capitalization of shares priced at $52 is currently $4,205,424,236. The highest price a buyer is currently willing to pay is $62.5, and the bid applies to 100 shares.

Expect ongoing updates as this story evolves.

Israeli fintech giant eToro’s shares, under the symbol ETOR, debuted on Nasdaq today (Wednesday) in a much-anticipated Wall Street listing. As expected, the shares were initially priced at $52.

Ahead of the debut, the company confirmed that it has increased the
price of its initial public offering (IPO) to $52 per share, as its shares are
set to begin trading publicly on Nasdaq today (Wednesday) under the ticker
“ETOR”.

Market Capitalization above $4B

According to Nasdaq data, the market capitalization of shares priced at $52 is currently $4,205,424,236. The highest price a buyer is currently willing to pay is $62.5, and the bid applies to 100 shares.

Expect ongoing updates as this story evolves.

This post is originally published on FINANCEMAGNATES.

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