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Data: eToro shares rose 29% on its first day of listing on Nasdaq

Online reported that trading platform eToro went public on Nasdaq on Wednesday, and its shares rose 29% after the company launched an expanded initial public offering at $52 per share. Yahoo Financial data shows that the company's ticker symbol is ETOR and closes at US$67. It provides cryptocurrency and stock trading services. eToro said on Tuesday that the offering includes approximately 11.9 million Class A common shares, about half of which will be sold by the company and the rest by existing shareholders. Goldman Sachs, Jefferies, UBS Investment Bank and Citigroup led the underwriting, with Deutsche Bank Securities, Cantor and Bank of America Securities also participating.

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