Trading platform EToro surges after upsized IPO
EToro Group shares rose as much as 42 per cent in its first session as a public company, after the trading and investment platform and some of its backers raised nearly $US620 million ($965 million) in an upsized IPO.
Shares of the Israel-based firm traded at $US67.50 each as of 3.45pm on Wednesday in New York, above the initial public offering price of $US52 apiece. It peaked at $US74.28.
Bloomberg
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