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Published 9 months ago

Instacart shares start trading on Nasdaq at $42, valuing grocery delivery company at about $14 billion

Summary by Ground News
Maplebear Inc., which is doing business as Instacart CART, +31.23%, debuted on Wall Street with a bang Tuesday. The grocery-delivery app's stock opened 40% above where its initial public offering priced. The company said late Monday that its IPO of 22 million shares priced at $30 a share.

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