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Instacart's shares surged Tuesday in the grocery delivery company’s stock market debut. The San Francisco-based company's shares were up about 30% shortly after they started trading on the...
The San Francisco-based grocery delivery company raised $660 million in its initial public offering of stock, selling 22 million shares at $30 apiece.
The San Francisco-based company’s shares were up about 30% shortly after they started trading on the Nasdaq stock exchange under the ticker symbol “CART.”
Instacart's shares surged Tuesday as the grocery delivery company went from the super market to the stock market.
Shares of the grocery delivery app soared as much as 43 percent as they began trading on the Nasdaq under the ticker CART on Tuesday, giving the company a valuation of more than $14 billion.