Need2Know Headlines

Instacart to Make Market Debut on Nasdaq

Instacart is set to make its market debut on the NASDAQ today under the ticker symbol C A RT or C cart. The grocery delivery company priced its long awaited IPO on the high end of its expected range at $30 a share. Now that values Instacart at about $10 billion on a fully diluted basis. The 11 year old company saw a massive boom during the pandemic when consumers opted to get their groceries delivered, it will be the first notable venture backed tech IP O in the US since December of 2021.