Instacart sets IPO price at $30 a share, valuing the company at about $10 billion

  • 📰 KPIXtv
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Instacart has priced its initial public offering of stock at $30 a share, raising $660 million for the grocery delivery company.

Instacart on Monday priced its initial public offering of stock at $30 a share, raising $660 million for the grocery delivery company.

The price was at the high end of an earlier range estimated by Instacart, reflecting a renewed confidence in tech stocks after last week's successful IPO of Arm Holdings, a U.K. chip designer.

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:

 /  🏆 443. 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.

Instacart sets IPO price at $30 a share, valuing the company at about $10 billionInstacart has priced its initial public offering of stock at $30 a share, raising $660 million for the grocery delivery company
Source: sdut - 🏆 5. / 95 Read more »

Instacart sets IPO price at $30 a share, valuing the company at about $10 billionInstacart has priced its initial public offering of stock at $30 a share, raising $660 million for the grocery delivery company.
Source: AP - 🏆 728. / 51 Read more »

Instacart sets IPO price at $30 a share, valuing the company at about $10 billionInstacart has priced its initial public offering of stock at $30 a share, raising $660 million for the grocery delivery company.
Source: wjxt4 - 🏆 246. / 63 Read more »

Instacart sets IPO price at $30 a share, valuing the company at about $10 billionInstacart has priced its initial public offering of stock at $30 a share, raising $660 million for the grocery delivery company.
Source: ksatnews - 🏆 442. / 53 Read more »

Instacart prices IPO at $30 a share, valuing grocery delivery company at about $10 billionGrocery delivery company Instacart is poised to debut on the Nasdaq on Tuesday after selling shares at $30 a piece in its IPO
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »