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Stock and crypto trading platform eToro could not have picked a better time for its initial public offering (IPO). Investors appear to be cheering its public market debut, perhaps due to optimism from thawing U.S.-China trade relations.
Founded in 2007, eToro is a multi-asset trading and social investment platform based in Israel. It will trade with the ticker ETOR on the Nasdaq Exchange starting today, May 14. The platform is particularly known for its “CopyTrader” feature, allowing users to replicate successful investor trades.