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

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

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

An instacart logo and an instacart webpage are shown in this photo, in New York, Wednesday, Sept. 6, 2023.

San Francisco-based Instacart sold 22 million shares in the IPO. Trading of the company's stock is set to begin Tuesday on the Nasdaq stock exchange under the stock symbol “CART.”

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:

 /  🏆 246. in US
 

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

United States United States Latest News, United States United States 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 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 »