Instacart IPO Indicating $41.70 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 $41.70 per share on 1.1 million shares, significantly higher than its IPO price of $30 per share.
September 19, 2023 | 3:38 pm
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Instacart's IPO is indicating a price of $41.70 per share, a significant increase from its IPO price of $30 per share.
The news of Instacart's IPO price indicating at $41.70, which is significantly higher than its IPO price of $30, is likely to have a positive impact on its stock price in the short term. This is because it shows strong investor interest and confidence in the company.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100