Etoro becomes public at $ 52 per share, far exceeding the commercial range

The actions of the sharing and Crypto Etoro (ETOR) actions to do their $ 52 per share after the company hit the Nasdaq scholarship on Tuesday evening.

The company has raised around $ 310 million from investors while sold 6 million shares at a price of $ 52 per room. Registration values ​​the company to $ 4.2 billion.

The price is much higher than the range sold, because the company has received a much higher request than expected.

Etoro becomes the first company to be made public after a few months of markets in the United States, because President Donald Trump is under discussion to conclude several rates with leaders around the world.

For this reason, many companies, including Etoro, had delayed becoming a public, but Bloomberg reported last week that the trading platform took up plans.

The company will be negotiated under the “etor” ticker.

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