Name: Instacart (CART) Raises IPO Price Target After Arm Success
Uploaded: 2023-09-15T19:25:51.953-05:00
Duration: 5 min 39 s

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Instacart (CART) is to raise its IPO price target to $28-$30 after the success of Arm. Its new target price implied valuation is between $7.7B-$9.3B. Instacart previously has its IPO priced at $28-$28. Instacart is to begin trading on Tuesday on the NASDAQ. George Tsilis joins Alex Coffey and Jenny Horne to discuss Instacart’s IPO and what investors should be watching. Tune in to find out more about the stock market today.

Instacart (CART) Raises IPO Price Target After Arm Success

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