eToro's stock price on its first day of trading on NASDAQ was $52, raising $310 million, exceeding expectations

according to CoinDesk, the stock and cryptocurrency trading platform eToro (stock code ETOR) went public on the Nasdaq on May 14, with an offering price set at $52 per share, valuing the company at $4.2 billion.

This IPO offered a total of 6 million shares, raising $310 million, with subscription demand significantly exceeding market expectations.