Instacart is set to make its stock-market debut in an IPO that prices shares at $30

Tue, 09/19/2023 - 05:46

The back of an Instacart shopper who's wearing an Instacart shirt while shopping at Whole Foods. — Instacart is set to make its stock-market debut Tuesday in an IPO valuing the grocery delivery company at $30 a share.
Cyrus McCrimmon/Getty Images

Instacart is set to make its stock-market debut Tuesday.
The grocery delivery company has priced its shares at $30.
Its public listing comes after chipmaker Arm enjoyed a successful IPO of its own last week.

Instacart is set to make its stock-market debut Tuesday, offering another potential shot in the arm for the long-dormant IPO market after Arm's stellar public listing last week.