Grocery Sector news and trends

Instacart Stock Closes Below IPO Price Week After Public Debut

September 26, 2023
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Instacart Stock Closes Below IPO Price Week After Public Debut

September 26, 2023
Instacart’s stock closed below its initial public offering (IPO) pricing for the first time on Tuesday (Sept. 26), a week after its public debut. The online grocery delivery company’s stock fell 1.69% and closed below $30, reflecting a broader decline in both the overall stock market and the retail sector, Seeking Alpha reported Tuesday. This decline coincided […]