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Instacart projected at $39 as the open trade horse jockeying continues

As stocks trade to new session lows with the NASDAQ index now down -0.89% and the Dow industrial average and S&P index down -0.68% each, the horsejacking continues for the Instacart IPO (symbol CART). A total of 22 million shares were sold in the IPO: 14.1 million from Instacart and 7.9 million from existing shareholders.Late yesterday, the price was set at $30 implying a market capitalization of $9.9 billion. The premarket indications are up at $39 as buyers push the price higher ahead of the... Read More

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Instacart

Projected

Open

Trade

Horse

Jockeying

Continues

Forex

Posted: Sep 19 2023, 14:55

Author Name: forexlive

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