Data: eToro's stock price rises 29% on first day of Nasdaq listing

Trading platform eToro went public on Nasdaq on Wednesday, with its stock price rising by 29% following an upsized initial public offering, priced at $52 per share. According to Yahoo Finance, the company's stock, under the ticker ETOR, closed at $67, offering cryptocurrency and stock trading services. eToro stated on Tuesday that the offering included approximately 11.9 million Class A common shares, about half of which were sold by the company and the rest by existing shareholders. Goldman Sachs, Jefferies, UBS Investment Bank, and Citigroup led the underwriting, with Deutsche Bank Securities, Cantor, and BofA Securities also participating.