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eToro Group (ETOR) Stock: Drops 9% as Firm Targets $231M TradeZero Expansion
By Yasmin Werner at 2026-10-03 20:38
Sentiment: Positive
TLDR eToro stock drops as the company unveils a deal to acquire TradeZero for $231M. TradeZero gives eToro a faster route to expand its US brokerage operations. TradeZero generated about $80M in revenue while posting a strong 81% gross margin. eToro expects the TradeZero acquisition to boost adjusted EPS after closing. The deal could close [...] The post eToro Group (ETOR) Stock: Drops 9% as Firm Targets $231M TradeZero Expansion appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central