May 13, 2025
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EToro Plans IPO Pricing Above $46 to $50 Range Due to High Demand
EToro plans to price its initial public offering (IPO) above the previously marketed range of $46 to $50 per share due to high demand. The company aims to offer 10 million shares and is seeking a valuation of $4.5 billion, lower than the $10.4 billion valuation from its 2021 IPO attempt.
- The IPO will price after U.S. market close on Tuesday.
- EToro had paused its Nasdaq listing plans in April due to market instability.
- It is the first firm to resume IPO plans amidst ongoing market delays affecting others like Circle and Klarna.
- EToro will trade under the ticker "ETOR".