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Instacart on Monday priced its initial public offering of stock at $30 a share, raising $660 million for the grocery delivery company. San Francisco-based Instacart sold 22 million shares in the IPO.
Instacart started trading Tuesday, opening at $42 per share and propelling the grocery-delivery company to a market valuation of just over $11 billion. Instacart soars 40% in its trading debut ...
Instacart is heading from the supermarket to the stock market. Its shares were set to begin trading Tuesday on the Nasdaq stock exchange under the stock symbol “CART.” The pricing of the IPO ...
Instacart stock began trading on Tuesday, opening at $42 per share on the Nasdaq.The grocery delivery app had set a price of $30 a share for its IPO, valuing it at roughly $10 billion. The stock ...
San Francisco-based Instacart, which filed confidentially for its initial public offering (IPO) in May 2022, said in the filing to the U.S. Securities and Exchange Commission that PepsiCo had ...
If there were any winners that came out of the pandemic, Instacart would certainly be among them. With people staying at home, grocery delivery became the norm, and Instacart became the default...
The company included a provision in its S-1 filing where, if the stock trades at more than 120% of its IPO price for five of at least 10 consecutive trading days (one of which must be after ...
Instacart shares could be on a rollercoaster this week as the company gears up for the end of its IPO lockup period on Feb. 15. Shares dropped more than 8% in midday trading on Wednesday ...