eToro IPO successful with shares up 34%

From Yahoo Finance: 2025-05-15 17:40:00

eToro, a newly public company, debuted on the Nasdaq with shares opening at $69.69, 34% above the IPO price. The stock closed up 29% at $67, giving eToro a market cap of $5.4 billion. Despite a 3% drop the next day, eToro remains among the most active stocks on Yahoo Finance.

Co-founded in 2007 by Yoni and Ronen Assia, eToro quickly grew to 40 million users in 75 countries. The company raised $310 million in its IPO, valuing it at $4.2 billion. Financial results in Q1 showed a 14% increase in funded accounts and a 10% drop in adjusted EBITDA.

eToro saw success in its IPO, raising $310 million and valuing the company at $4.2 billion. Despite a 3% drop in share price the day after, eToro remains active on Yahoo Finance. The company boasts 40 million users across 75 countries, with plans to expand into wealth management and retirement services.



Read more at Yahoo Finance: Co-founder says eToro IPO is a testament to market recovery as it aims to become a go-to investment app