Stock trading app eToro pops 40% in Nasdaq debut after pricing IPO above expected range

Key Points

Shares of eToro popped in their Nasdaq debut on Wednesday.
The stock and crypto trading app raised almost $310 million in its IPO late Tuesday, selling shares above the expected range.
IPOs looked poised for a rebound when President Donald Trump returned to office in January, but tariff concerns put the market on hold.

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