Jessica Alba’s Honest Co. soars 44% in stock market debut

  • 📰 AP
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Shares of Honest Co., the diaper and baby-wipe seller, have soared in their stock market debut, valuing the company at nearly $2.1 billion. Actress Jessica Alba founded Honest after using baby laundry detergents that caused allergic reactions.

FILE - Jessica Alba arrives at the 5th annual InStyle Awards on Monday, Oct. 21, 2019, at the Getty Center in Los Angeles. Shares of Honest Co., the diaper and baby-wipe seller founded by Alba, soared 44% in their stock market debut, Wednesday, May 5, 2021, valuing the company at nearly $2.1 billion.

NEW YORK — Shares of Honest Co., the diaper and baby-wipe seller founded by actress Jessica Alba, soared 44% in their stock market debut Wednesday, valuing the company at nearly $2.1 billion. Along with detergent, the company’s other first products included diapers and wipes that were sold on Honest Co.’s website. Today, the brand includes moisturizers, mascara and vitamins. While most of its sales come from its website, it also sells its products in major stores, including Target and Amazon.com.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jessica Alba's Honest Co valued at nearly $2 bln in strong market debutJessica Alba's consumer goods company Honest Co (HNST.O) was valued at $1.92 billion in its Nasdaq debut, after its shares opened 33% above their offer price on Wednesday. It's boring to sit at home alone, looking for someone to spend time with
Source: Reuters - 🏆 2. / 97 Read more »

Inside Jessica Alba’s Long And Turbulent Road To Taking The Honest Company PublicThe household products company will go public this week after a tumultuous few years overshadowed by lawsuits and increasing competition. Hi there! Are you in need of a high catchy 3d Product animation video to enhance your products sales? Click the link to reach out to us 3D 3dmodeling 3DModel 3Danimation 3dprinted BBNAuditions 3d Whiteboard Animations animation Binance il be able to buy her companies with dogecoin i got over a quarter million coins give me a year it’ll be billions
Source: Forbes - 🏆 394. / 53 Read more »

Inside Jessica Alba’s Long And Turbulent Road To Taking The Honest Company PublicThe household products company will go public this week after a tumultuous few years overshadowed by lawsuits and increasing competition.
Source: Forbes - 🏆 394. / 53 Read more »