Instacart's stock slips after IPO, Dollar General shares hit by downgrade and other stocks on the move

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Instacart, Steelcase and Dollar General shares are active.

Shares of Steelcase Inc. SCS, +25.77% gained 27% after the office-furniture maker called for “significantly improved” profit as more companies order their employees back to the office.

Textron Inc.’s stock TXT, +5.21% rose 5% to lead S&P 500 gainers, after the aviation company announced an agreement with NetJets for up to 1,500 additional Cessna Citation business jets over the next 15 years. Goldman Sachs Group Inc.’s stock GS, +0.35% rose 0.4%, after the Wall Street Journal said the bank is in advanced talk with a group of investment firms, which includes KKR KKR, +1.81%, Sixth Street and Pacific Investment Management, on the sale of its GreenSky specialty loan unit.Shares of Instacart CART, -5.11% were down 4.5% following a debut in which they finished up 12%.

Canopy Growth Corp.’s stock CGC, -7.39% WEED, -9.42% slid 8.7%, after the Canadian cannabis company registered about 46 million shares for sale to the public. The filing comes two days after the company announced a private placement with institutional investors of up to $50 million to boost liquidity.

 

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Instacart stock slips after IPO, Dollar General shares hit by downgrade and other stocks on the moveInstacart, Steelcase and Dollar General shares are active.
Source: MarketWatch - 🏆 3. / 97 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
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