Instacart on Friday raised the estimated price of its IPO to between $28 and $30 a share, up from a prior range of $26 to $28, according to a filing. The...
Instacart on Friday raised the estimated price of its IPO to between $28 and $30 a share, up from a prior range of $26 to $28, according to a filing. The upsized offering would give the online grocery-delivery platform a value of between $9.3 billion and $9.
9 billion, the company said, and follows the big-splash debut made by Arm Holdings ARM, -4.47% this week. Instacart plans to price its IPO on Monday evening and start trading on Tuesday, according to Axios. Instacart declined to comment. The company will trade on the Nasdaq Global Select Market under the ticker symbol “CART.”
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Instacart raises IPO price range to $28 to $30 a share from $26 to $28 previouslyGrocery-delivery app Instacart raised the proposed price range for its planned initial public offering on Friday to $28 to $30 from $26 to $28 previously....
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| Instacart Set to Raise IPO Price Target After Successful Arm DebutAt the high end of the new range, the grocery-delivery company would be valued at nearly $10 billion on a fully diluted basis.
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Instacart set to raise IPO target price after Arm's successful debut- WSJ By ReutersInstacart set to raise IPO target price after Arm's successful debut- WSJ
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Instacart Raises IPO Price Target After Successful Arm DebutInstacart's valuation rises to a range of $9.3 billion to $9.9 billion.
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| Instacart Set to Raise IPO Price Target After Successful Arm DebutAt the high end of the new range, the grocery-delivery company would be valued at nearly $10 billion on a fully diluted basis.
Lire la suite »