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,

Toro Group Ltd. saw its stock generate a 29% gain over its upped IPO price at the closing bell on Wednesday, in a strong trading debut for the mobile stock- and crypto-trading firm in one of the first major IPOs on Wall Street since the window abruptly shut for new issues last month.

In a strong indicator of revived investor interest in initial public offerings, eToro Group Ltd. (NASDAQ:ETOR) saw its stock jump 29% on its first trading day on the Nasdaq. The social trading and investment platform offered nearly 11.