Stock trading app eToro pops 40% in NASDAQ debut
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Robinhood-rival eToro secured a valuation of $5.64 billion after its shares surged 34% in their Nasdaq debut on Wednesday, becoming the first U.S. IPO to make it to market after tariff uncertainty delayed several planned launches.
With shares surging to $67 and a market capitalization of $5.4 billion, eToro has made a splashy entrance into the public markets. But should you pick it over Robinhood?