Shares of shares and crypto trading platform Etoro (ETOR) have debuted at $ 52 per Share after the company hit the NASDAQ exchange on Tuesday night.
The company raised about $ 310 million from investors as it sold 6 million shares at a price of $ 52 per year. Piece. The list appreciates the company at $ 4.2 billion.
The price is significantly higher than the marketed range, as the company received a much higher demand than previously expected.
Etoro will be the first company to be published after a hard couple of months in markets across the United States as President Donald Trump is in discussions to make more customs agreements with leaders around the world.
Because of this, many companies, including Etoro, had delayed becoming public, but Bloomberg reported last week that the trading platform resumed the plans.
The company will trade under the ticker “Etor”.