Topline
Instacart will soon go public via initial public offering, with Nasdaq data indicating its stock will open Tuesday trading at more than $40 per share, keeping the momentum of the IPO market going despite opening at a far less rich valuation than the grocery delivery startup enjoyed during the height of the pandemic.
Key Facts
A $340 share price would be 30% above Instacart’s $30 IPO price set Monday.
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