welcome
TheStreet

TheStreet

Business

Business & Economics

Stock surges 40% in Nasdaq debut after delayed IPO

TheStreet
Summary
Nutrition label

74% Informative

eToro Group Ltd. (Nasdaq: ETOR) jumped 40% as its U.S. initial public offering ( IPO ) debuted on Nasdaq on May 14 .

The trading platform is offering 11.91 million shares at its Nasdaq debut and aims to raise up to $620 million .

After its impressive listing, the firm has secured a valuation of $5.64 billion .

VR Score

77

Informative language

79

Neutral language

2

Article tone

formal

Language

English

Language complexity

34

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links