Maplebear Inc (NASDAQ: CART), better known as Instacart, made its public debut on Tuesday. The stock opened for trading well above its initial public offering price, which may be a gift for those who were able to get in early.
What To Know: Instacart priced its IPO at $30 per share late Monday, which was at the top end of the expected range.
Before landing on $30, the grocery delivery platform company on Friday raised the proposed range for its IPO from $26 to $28 per share to a new range of $28 to $30 per share, representing a valuation of up to $10 billion. Shares opened for trading Tuesday ...