Explosive Start for eToro on Nasdaq!

Crypto trading platform @eToro made a splash on the Nasdaq, with shares jumping 30% on its debut after a last-minute IPO boost. Closing at $67, up from the initial $52, eToro's market value soared past $5.5 billion. It initially aimed to raise $500 million but sold over 11.92 million shares. @RobinhoodApp, a rival in the trading arena, saw its shares drop after eToro’s stellar performance. Led by big financial players like Goldman Sachs, eToro's IPO marked a significant rebound for public offerings in the U.S. after tariff-induced market hesitations.