Instacart IPO Indicating $42.50/Share; IPO Priced At $30/Share
Portfolio Pulse from Benzinga Newsdesk
Instacart's IPO is indicating a price of $42.50 per share, significantly higher than the initial pricing of $30 per share.
September 19, 2023 | 4:36 pm
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Instacart's IPO is indicating a higher share price than initially set, which could lead to a positive market debut for the company.
The news of Instacart's IPO indicating a higher share price than initially set is directly related to the company's stock. This could lead to increased demand for the stock during the IPO, potentially driving the price up further.
CONFIDENCE 90
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