Instacart shares jump 43% in grocery delivery business’s Nasdaq debut
by Edward Helmore from US news | The Guardian on (#6EX1N)
Shares close at $34.23, the second successful IPO in a week following sale of UK chip designer Arm
Shares in online grocery delivery business Instacart jumped 43% in its Nasdaq trading debut on Tuesday.
While shares dropped back in later trading, ending the day up just over 12%, the price pop was the second successful initial public offering (IPO) in a week following the sale of British microchip designer Arm.
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