Instacart shares rise 40% in Nasdaq debut

Instacart shares rise 40% in Nasdaq debut

Instacart shares opened 40% above their initial public offering (IPO) price in their Nasdaq debut on Tuesday, helping the grocery delivery app notch a valuation of $13.2 billion.

Also Read: Grocery delivery service Instacart aims for $616 mln raise in US IPO

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