eToro, IPO and stock market
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Venture firm Spark Capital saw a gain of about $530 million this week when EToro Group Ltd. went public, according to people familiar with the matter — the culmination of an ear
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.
If there is anything to be learned from the tariff turmoil of the past several weeks, it is that individual investors have a strong stomach for wild market swings. That’s the ta
The trading platform’s stock is on a run in its first day of trading, elevating hopes for other stock-market debuts.
Shares of eToro ( ETOR 30.96%) are soaring in their trading debut on Wednesday. The stock and crypto trading platform's shares surged 28.2% as of 2:20 p.m. ET after opening at $69.69, which was 34% above its initial public offering (IPO) price of $52. The impressive debut comes as the S&P 500 was flat while the Nasdaq Composite gained 0.5%.
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Shares of stock brokerage and crypto trading platform eToro closed 29% higher on Wednesday following its Nasdaq debut, settling around $67.
CNBC's Tanaya Macheel joins 'Squawk on the Street' with the latest news on eToro's plans to go public.
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