From Yahoo Finance: 2025-05-14 14:32:00

Shares of eToro (NASDAQ: ETOR) surged 28.2% in their trading debut, opening at $69.69, 34% above the IPO price of $52. The successful IPO raised nearly $310 million, with a 13-fold increase in net income last year to $192.4 million from exposure to the crypto market.

eToro’s impressive debut signals renewed interest in public offerings, with shares skyrocketing above the IPO price and the stock trading app’s net income seeing a significant increase last year. The company expects crypto assets to account for 37% of its commission from trading activities in Q1 2025.



Read more at Yahoo Finance: Why eToro Stock Is Skyrocketing Today