Instacart IPO Indicating $40 On 1.1M Shares; IPO Priced At $30/Share
Portfolio Pulse from Benzinga Newsdesk
Instacart's initial public offering (IPO) is indicating a price of $40 per share on 1.1 million shares, which is significantly higher than the IPO price of $30 per share.
September 19, 2023 | 2:58 pm
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POSITIVE IMPACT
Instacart's IPO is indicating a price of $40 per share, significantly higher than the IPO price of $30 per share. This could lead to a positive short-term impact on the stock.
The IPO price indication of $40 per share is significantly higher than the IPO price of $30 per share. This suggests strong demand for Instacart's shares, which could lead to a positive short-term impact on the stock.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100