Stock trading app eToro pops 40% in Nasdaq debut after pricing IPO above its expected range

Stock trading app eToro pops 40% in Nasdaq debut after pricing IPO above its expected range

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Shares of stock brokerage platform eToro popped in their Nasdaq debut on Wednesday after the company raised almost $310 million in its IPO. The stock opened at $69.69, or 34% above its initial offering price. Shares were last up more than 40%. The Israel-based company sold nearly 6 million shares…

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