Atore Pocket Pops 29% in NASDAQ Debum debut after the IPO price above

• ETROP stocks popped in their NASDAQ displays on Wednesday.
• Apps and crypto trading its growning nearly $ 310 million in initial public offer on Tuesday, selling stocks above expectations.
• Donald Trump View iPos Supported by President Donald Trump has returned to the office in January, but the customs worry.

The etroro shares stocks popped in their first time on Wednesday after the company of the initial offering.

The stock opened at $ 69.69, or 34% higher than IPO its. Stocks closed nearly 29% at 67% price for $ 67, bringing all its market value as much than $ 5.4 billion.

The company has almost 6 million shares in the price of $ 52, above the range of $ 46 to $ 50. Almost six million additional shares were sold by existing investors. At iPo, the company has been valued in about $ 5.2 billion.

Wall Street is looking for competitions with the characteristics of new interest in ipos after drought. Many investors have seen President Donald Trump Back to the White House is a guidance before concerned about the leading companies using plans to be late.

“We feel that we will see the light at the end of the market solution,” CEO Yoni Assia speaks about an etoro’s decision in the interview with CNBC. You added that you have raised concerns about the CBOe taxes with anxiety

Otoro is not a single company trying to test the water. Its plypentions with the purpose of IPO, and says in submission to offer to 437 million in offering.

ETORO previously filed the people in 2021 through merger, or more than $ 10 billion purchase company. It plans those planning in 2022 while the stock market is available, but still focus on IPO in the end.

The etoro was founded in 2007 by brother Yongi and Ronen Asia Asia and David Ring. Income companies via fee related to trading and unchanged activities such as withdrawal. Net Income increases nearly thirty months last year up to 192.4 million dollars from $ 15.3 million in 2023.

The company has created a business growing in cryptocurrencies. Crypto pastets income more than three million dollars in 20 million dollars in 2024, and one fourth of the net management of the last year. That is up from 10% in 2023.

Etoro said that for the first quarter, it expects crypto goods to account 37% of its committee from the trade activities, from 43% a year before.

Spark is the largest internal investor, with 14% after the development of the offering, followed by 8.7%. CEO Yooni Asia Assia Assia Control 9.3%.

See: OPO EPO