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ETORO RUSHES BACK TO IPO AFTER TARIFF TURMOIL – HERE’S WHAT YOU MUST KNOW!
FINANCIAL FRENZY! EToro Goes Public in the U.S. After Dramatic Pause!
Buckle up, investors! EToro, the electrifying trading platform from Israel, is back on track to hit Wall Street! After a gut-wrenching halt earlier this year due to President Trump’s controversial tariffs, this bold company is ready to unleash its Initial Public Offering (IPO) and raise a staggering $500 MILLION! That’s right—this move could catapult EToro’s valuation to a jaw-dropping $4 BILLION!
SHAREHOLDERS READY TO CASH IN BIG!
According to their explosive filing, EToro is serving up a hot batch of 10 MILLION shares priced between $46 and $50 each. The trading giant is offering HALF of those shares itself, while big-name investors like Spark Capital and BTM Group are looking to unload their shares too! Are you paying attention?
And if that wasn’t enough, wealth management titan BlackRock is eyeing a HUGE stake, ready to swoop in with up to $100 MILLION for those shares! Can you say “investor frenzy”?
TRADE WAR CHAOS SHAKES MARKETS!
But hold on! Just a few months ago, EToro was left in the dust as the U.S. market spiraled into chaos! The global economy took a nosedive when tariffs were slapped on nearly EVERYONE, causing the S&P 500 to plummet by 12% and the Dow Jones by 11% in mere days! EToro wasn’t alone in this panic; fellow companies like Klarna and StubHub also pressed the brakes on their IPO dreams!
TALKS OF TRADE AND HOPE ON THE HORIZON!
Now, with Trump’s trade war on a 90-day timeout, big players are confident that the downturn is turning around! EToro is back on its IPO journey, but word is they’re still waiting on the SEC’s official thumbs up! Pricing could emerge as early as NEXT WEEK!
A TRADER’S DREAM COME TRUE!
Founded in 2007, EToro isn’t just another trading platform; it’s the ultimate playground for crypto and stocks—think Robinhood, but with a twist! The company reported a MIND-BLOWING revenue jump from $3.89 BILLION in 2023 to an astounding $12.6 BILLION in 2024!
ETOR ON NASDAQ – A STOCK TO WATCH!
Get ready to see EToro listed on Nasdaq under the ticker ETOR! The buzz is just beginning, and you won’t want to miss the ride! Stay tuned for more jaw-dropping updates on this financial saga!
photo credit: fortune.com
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