Instacart Finishes Down For The Day -- Market Talk

Dow Jones2023-09-23

1625 ET - Instacart's stock closed down 2.1% Friday at $30, its IPO price. The San Francisco-based company's shares popped 40% at the open before receding and finishing up 12% on Tuesday, its first day of trading. The grocery-delivery company's IPO had been in the works for years and has been watched by investors and advisers as a bellwether for new listings. (jaewon.kang@wsj.com; @_jaewonkang)

(END) Dow Jones Newswires

September 22, 2023 16:25 ET (20:25 GMT)

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