Instacart IPO Shares Open For Trade At $42; IPO Priced At $30/Share
Portfolio Pulse from Benzinga Newsdesk
Instacart's initial public offering (IPO) shares have started trading at $41.76, significantly higher than the IPO price of $30 per share.
September 19, 2023 | 4:50 pm
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Instacart's shares opened at a price significantly higher than the IPO price, indicating strong investor interest.
The opening price of Instacart's shares was significantly higher than the IPO price, indicating strong demand and investor interest. This could potentially drive the stock price up in the short term.
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