eToro jumps 30% on Nasdaq debut after upsized IPO

Crypto and stock trading platform eToro closed its first day of public trading up 28.9% after it jacked up its IPO at the 11th hour.

Update (May 15, 2:12 am UTC): This article has been updated to add a comment from eToro Australia’s Robert Francis.

Crypto and stock trading platform eToro has seen its share price gain nearly 30% during its debut on the Nasdaq after the company made a last-minute boost to its initial public offering.

Shares in eToro Group Ltd (ETOR) closed May 14 trading at $67, up 28.9% from its initial offering price of $52, according to Yahoo Finance. It brings the company’s market value to over $5.5 billion.

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