Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut

EToro, a stock brokerage platform that's been ramping up in crypto, has priced its IPO at $52 a share, as the company prepares to test the market's appetite for new offerings. The Israel-based company raised nearly $310 million, selling nearly 6 million shares in a deal that values the business at about $4.2 billion. The company had planned to sell shares at $46 to $50 each. Another almost 6 million shares are being sold by existing investors. IPOs looked poised for a rebound when President Donald Trump returned to the White House in January after a prolonged drought spurred by rising interest rates and inflationary concerns. CoreWeave's March debut was a welcome sign for IPO hopefuls such as eToro, online lender Klarna and ticket reseller StubHub. But tariff uncertainty temporarily stalled those plans. The retail trading platform filed for an initial public offering in March, but shelved plans as rising tariff uncertainty rattled markets. Klarna and StubHub did the same. EToro's N ... Read full article.