Instacart IPO Indicating $41.80 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 $41.80 per share on 1.1 million shares, which is significantly higher than its IPO price of $30 per share.
September 19, 2023 | 3:33 pm
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Instacart's IPO is indicating a price of $41.80 per share, significantly higher than its IPO price of $30 per share.
The news of Instacart's IPO indicating a price significantly higher than its IPO price is a positive signal for the company. This could lead to increased investor interest and demand for the stock, potentially driving the price up in the short term.
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