Shares close at $34.23, the second successful IPO in a week following sale of UK chip designer Arm
Shares in online grocery delivery business Instacart jumped 43% in its Nasdaq trading debut on Tuesday.
While shares dropped back in later trading, ending the day up just over 12%, the price pop was the second successful initial public offering (IPO) in a week following the sale of British microchip designer Arm.
More Stories
Xi Jinping tells Alibaba’s Jack Ma and Chinese tech chiefs to ‘show their talent’
Nigeria sues crypto giant Binance for $81.5bn in economic losses and back tax
iPhone designer still asks: ‘I wonder what Steve Jobs would do?’ – despite being told not to