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eToro Nasdaq Debut Sees 29% Surge

eToro’s Nasdaq Debut Sees 29% Stock Surge

  • eToro debuted on Nasdaq with a 29% increase in share value.
  • The stock closed at $67 on its first day of trading.
  • Institutional investors, including ARK Invest, showed significant interest.
  • ARK Invest purchased 140,000 shares worth $9.4 million.
  • Major underwriters included Goldman Sachs and Citigroup.

eToro’s successful Nasdaq debut highlights strong institutional interest, with its stock closing at $67 after a notable 29% rise on the first day of trading.

Source (2.6)https://hodl.press/etoro-debuts-on-nasdaq-with-29-growth-surge/?rand=24434
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