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Valuation of eToro Drops Again: Touches $1.7 Billion from $2.5 Billion

Valuation of eToro Drops Again: Touches $1.7 Billion from $2.5 Billion
The valuation of etoro has plummeted further 35 percent to 40 percent as the share price of the Israeli online trading company was recently offered at $60 apiece in small secondary deals, Globes reported. This brought down the valuation of the company to as low as $1.7 billion, a drop of up to 40 percent from the last official valuation. eToro's Valuation Plummets Last month, eToro had a $120 million secondary share sale, allowing angel investors and some of the first employees to resell their s... Read More
Posted: Aug 25 2023, 06:41
Author Name: financemagnates
Views: 102153

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