PANews reported on May 15 that the trading platform eToro went public on NASDAQ on Wednesday, with its stock price rising by 29%. This follows the company's expanded initial public offering, with an issue price of $52 per share. According to Yahoo Finance, the company's stock code is ETOR, closing at $67, offering cryptocurrency and stock trading services.
eToro announced on Tuesday that this issuance includes approximately 11.9 million Class A common shares, half of which are sold by the company, and the remainder by existing shareholders. Goldman Sachs, Jefferies, UBS Investment Bank, and Citigroup are leading the underwriting, with Deutsche Bank Securities, Cantor, and Bank of America Securities also participating.
