Instacart’s Long-Awaited IPO Values Company at $10 Billion
Retail TouchPoints
SEPTEMBER 19, 2023
The market for tech company IPOs has been quiet since December 2021 due to the combination of inflation and rising interest rates, which have led investors to reduce their risk and caused price drops in internet and software stocks, according to CNBC. The share price jumped in the IPO’s debut to $42 , according to the Wall Street Journal.
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