PANews reported on May 15 that according to The Block, the trading platform eToro went public on Nasdaq on Wednesday, with its stock price rising by 29%. Prior to this, the company conducted an expanded initial public offering with an issue price of $52 per share. Yahoo Finance data shows that the company's stock ticker is ETOR, closing at $67, providing cryptocurrency and stock trading services.
eToro stated on Tuesday that this issuance includes approximately 11.9 million Class A common shares, with about half sold by the company and the rest by existing shareholders. Goldman Sachs, Jefferies, UBS Investment Bank, and Citigroup led the underwriting, with Deutsche Bank Securities, Cantor, and Bank of America Securities also participating.
