Toro Group Ltd. saw its stock generate a 29% gain over its upped IPO price at the closing bell on Wednesday, in a strong trading debut for the mobile stock- and crypto-trading firm in one of the first major IPOs on Wall Street since the window abruptly shut for new issues last month.

After a tumultuous April, U.S. stocks slowly started to turn around and the fintech company eToro had an excellent first day of trading.

Shares of eToro popped in their Nasdaq debut on Wednesday. The stock and crypto trading app raised almost $310 million in its IPO late Tuesday, selling shares above the expected range. IPOs looked poised for a rebound when President Donald Trump returned to office in January,