Instacart shares close below IPO price for first time
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1970-01-01 08:00
Shares of Instacart fell 1.6% on Tuesday, marking their first close below the initial public offering price for

Shares of Instacart fell 1.6% on Tuesday, marking their first close below the initial public offering price for the newly-listed grocery delivery app.

The stock closed at $29.89, compared with the initial public offering price of $30.

(Reporting by Niket Nishant in Bengaluru; Editing by Shweta Agarwal)

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