Instacart IPO Indicating $39 On 728K Shares; IPO Priced At $30/Share
Portfolio Pulse from Benzinga Newsdesk
Instacart's initial public offering (IPO) is indicating $39 per share on 728K shares, which is significantly higher than its IPO price of $30 per share.
September 19, 2023 | 2:18 pm
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Instacart's IPO is indicating a price of $39 per share, a significant increase from its IPO price of $30 per share.
The news indicates a strong demand for Instacart's shares, as the indicated price is significantly higher than the IPO price. This could lead to a positive short-term impact on the stock price.
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