Instacart IPO Indicating $41 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 $41 per share on 1.1 million shares, which is significantly higher than its IPO price of $30 per share.
September 19, 2023 | 3:18 pm
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Instacart's IPO is indicating a price of $41 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 $41 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 90
IMPORTANCE 80
RELEVANCE 100