Welcome to our dedicated page for eToro Group news (Ticker: ETOR), a resource for investors and traders seeking the latest updates and insights on eToro Group stock.
eToro Group Ltd. develops and operates a multi-asset trading and investing platform for retail users across stocks, ETFs, options, cryptoassets and other asset classes. News about eToro commonly covers product launches, AI-enabled investing tools such as Tori, application ecosystems for trading and analytics, and geographic expansion of cryptoasset access within regulated markets.
Company updates also include operating and financial results, selected business metrics such as assets under administration, funded accounts, trading activity, interest-earning assets and money transfers, as well as capital actions, shareholder engagement initiatives and regulatory authorization across eToro's operating jurisdictions.
eToro Group Ltd. has announced the pricing of its upsized IPO of 11,923,018 Class A common shares at $52.00 per share. The offering consists of equal parts shares from eToro and existing shareholders (5,961,509 shares each). Trading will commence on May 14, 2025, on the Nasdaq Global Select Market under ticker ETOR.
The company has granted underwriters a 30-day option to purchase up to an additional 1,788,452 Class A common shares. The IPO is expected to close on May 15, 2025. Goldman Sachs, Jefferies, UBS Investment Bank, and Citigroup are serving as lead book-running managers, with several other firms acting as additional book-running managers and co-managers.