Newly issued eToro shares jump in Nasdaq debut. It’s a bullish sign for IPOs.

IPO Report

The mobile trading platform’s shares are on a run in their first day of trading, elevating hopes for upcoming stock-market debuts

Last Updated: May 14, 2025 at 3:21 p.m. ET
First Published: May 14, 2025 at 1:24 p.m. ET

After its initial public offering, eToro Group Ltd. saw its stock open on the Nasdaq above an upped IPO price and then rise further Wednesday, in a strong trading debut for the mobile stock- and crypto-trading firm in one of the first major IPOs on Wall Street since the window abruptly shut for new issues last month.

The newly issued stock ETOR opened at $69.69 and eased back to $67.75 in recent trading for a 28% gain over it $52-a-share IPO price.