After upgrading the size and pricing of the IPO, Israel, based on social trade that focuses on the Etoro Electronic broker, had a very good first day of trading.
The shares of Etoro Group Ltd (Nasdaq: ETOR) negotiated from the beginning of the day on Wednesday from the $ 52 IPO pricing, which, as noted, was above the original $ 46-50 IPO series before ETORO deposit before its road demonstration.
Etoro’s shares began to negotiate shortly after 12:00 pm NY TIME on Wednesday and quickly hit $ 74.28 – increased by 43% of the iPO price – before they were set up somewhat to close at $ 67.00, still by 29% a day. This provided some healthy profits to these investors who are lucky enough to have shares distributed to what was obviously an iPo that was largely registered.
ETORO $ 67 Close Now’s stock price delivers a $ 5.5 billion valuation to the company.