Background colour

PREVIEW

Video

AssetID: 53058379

Headline: Instacart Surges 40% in Trading Debut

Caption: Instacart opened at $42 share on its first day of trading on Sept. 19, CNN reports. Its IPO was set at $30 a share. That puts Instacart's market valuation at over $11 billion. That valuation is significantly less than the $39 billion the company was worth in 2021 amid the pandemic.

Keywords: Instacart,surges,40%,trading,debut,stocks,shares,value,interest,billions,dollars,United States,America,pandemic,popularity,market valuation

PersonInImage: