EToro (ETOR) Stock Surges 29% on First Day of Trading After IPO

Etoro’s shares climbed almost 29% to Nasdaq’s debut after published approximately $ 4.2 billion on Tuesday.

Stock indexes on Wednesday recorded mixed results, with the S&P 500 and Nasdaq trading higher and Dow Industrials lower. Bitcoins (BTC) were slightly carried to $ 103,400 ..

Etoro has sold nearly 6 million shares for £ 52, much higher than its originally on the market and gained about $ 310 million.

The platform for trading in shares and crypto became the first company to restore plans to publish after many competitors such as Robinhood, Circle and others, delayed its IPO in the middle of April market uncertainty. All eyes are now up to others to see if they will follow in Etor’s steps, especially due to its successful debut.