Instacart's IPO Plans Put These ETFs in Focus
Instacart is targeting a valuation of roughly $8.6 billion to $9.3 billion in its imminent IPO.
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Instacart is targeting a valuation of roughly $8.6 billion to $9.3 billion in its imminent IPO.
The Globe and Mail MARY GOODERHAM Published January 19, 2021 Bookmark The remote-working boom brought by the COVID-19 pandemic created a new investment theme in 2020: exchange-traded funds offering a portfolio of stocks expected to benefit from the work-from-home (WFH) trend. While some feel valuations for these ETFs are too high given the big gains of 2020 and as vaccines bring people back to their office in the months ahead, others believe the continued shift in work habits and lifestyles, as well as coming technologies like 5G communications, will support the WFH trend long term. Hans...