Trading Platform EToro Surges 29% After Upsized US IPO

EToro Soars 42% After $620 Million Upsized IPO

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By Matthew Griffin and Anthony Hughes

May 14, 2025 at 4:29 PM UTC

Updated on

May 14, 2025 at 8:25 PM UTC

EToro Group Ltd. shares rose 29% in its first session as a public company, after the trading and investment platform and some of its backers raised nearly $620 million in an upsized IPO.

Shares of the Israel-based firm closed at $67 on Wednesday, above the initial public offering price of $52 apiece. The trading gives EToro a market value of more than $5.5 billion, based on the outstanding shares listed in an earlier filing.