Instacart IPO: Why the odds may be against the grocery delivery chain in its public debut

Instacart IPO: Why the odds may be against the grocery delivery chain in its public debut

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is officially on the public market. On Tuesday, the grocery delivery company went public under the ticker "CART" on the Nasdaq. Instacart stock opened at $42 a share, 40% higher than the anticipated $30 a share, which put the company's market valuation at roughly $13.9 billion. As of the market…

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