Tech Insider
Instacart shopper with bag
Some Instacart shopper say they wait in grocery parking lots for orders.

Lea Suzuki/The San Francisco Chronicle via Getty Image

  • Instacart debuted on the Nasdaq on Tuesday after pricing its IPO at $30 a share. 
  • The stock surged 40% when it began trading around 12:50 p.m. ET. 
  • It is the second high-profile IPO following chip designer Arm's debut last Thursday. 

Instacart made its stock market debut on Tuesday, jumping as much as 40% in its first trades following its initial public offering which valued the grocery delivery company at $10.2 billion. 

The company sold shares to investors at $30 each, completing the second high profile IPO in less than a week on the heels of chip designer Arm's splashy debut last Thursday. 

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Markets, mi-exclusive, Markets, IPO, instacart, ARM, Tech, Grocery, delivery-service, pandemics, demand, Consumers, food-delivery-service, stock-market, Stocks, tech-stocks
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Instacart soars 40% in public debut as the 2nd splashy IPO in less than a week …