Instacart IPO Indicating $39.80 On 1M Shares; IPO Priced At $30/Share
Portfolio Pulse from Benzinga Newsdesk
Instacart's initial public offering (IPO) is indicating a price of $39.80 per share on 1 million shares, which is significantly higher than its IPO price of $30 per share.

September 19, 2023 | 2:56 pm
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Instacart's IPO is indicating a price of $39.80 per share, significantly higher than its IPO price of $30 per share. This could lead to a positive short-term impact on the stock.
The IPO price indication of $39.80 per share is significantly higher than the IPO price of $30 per share. This suggests strong demand for the stock, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100