eToro Launches IPO at $52 Per Share, Significantly Surpassing Expected Range

Shares of the trading platform eToro have made their entrance onto the stock market at a price of $52 per share following its listing on the Nasdaq exchange on Tuesday night.

The firm managed to generate approximately $310 million through the sale of 6 million shares at this set price, giving eToro a market valuation of $4.2 billion.

This initial pricing is notably above the expected range, which reflects the heightened interest from investors beyond what was initially predicted.

eToro’s debut marks it as the first enterprise to go public during a challenging period in the U.S. financial markets, as negotiations surrounding new tariff agreements are underway among global leaders.

As a result of the uncertain market conditions, numerous firms had postponed their public offerings, but it was recently reported that eToro was moving forward with its plans.

The company will operate under the ticker symbol “ETOR.”