Global trading platform eToro (ETOR.US) IPO priced at $46-50 per share, aiming to raise $480 million.

According to the Sohu Finance APP, the global trading platform eToro Group, targeting retail investors, announced its terms for its initial public offering (IPO) on Monday. The company plans to issue 10 million shares at a price of $46-50 per share, raising $480 million. Cornerstone investors have indicated that they will subscribe to $100 million worth of shares. The company plans to list on Nasdaq with the stock symbol "ETOR".