Tag DoorDash Inc

Instacart shares start trading on Nasdaq at $42, valuing grocery delivery company at about $14 billion

Instacart shares start trading on Nasdaq at $42, valuing grocery delivery company at about $14 billion

Instacart shares popped 40% of their Nasdaq debut on Tuesday, opening at $42, after the grocery-delivery company’s long-awaited IPO. The providing late Monday at $30 a share valued Instacart at

Continue ReadingInstacart shares start trading on Nasdaq at $42, valuing grocery delivery company at about $14 billion

Stocks making the biggest moves noon: Marathon Petroleum, Tesla, Moderna and more

Stocks making the biggest moves noon: Marathon Petroleum, Tesla, Moderna and more

In an aerial view, the Valero Houston refinery is seen on August 28, 2023 in Houston, Texas. Brandon Bell | Getty Images Check out the corporations making headlines in noon

Continue ReadingStocks making the biggest moves noon: Marathon Petroleum, Tesla, Moderna and more

Instacart’s biggest IPO twist: Tech trying to go public as a value stock

Instacart’s biggest IPO twist: Tech trying to go public as a value stock

When the Covid pandemic had many Americans declining to go to the grocery retailer in 2020, gross sales at on-line grocery startup Instacart rose 590%, and its venture capital valuation

Continue ReadingInstacart’s biggest IPO twist: Tech trying to go public as a value stock

Sequoia and Andreessen to take a huge hit on their 2021 Instacart funding, after a 75% plunge in valuation

Sequoia and Andreessen to take a huge hit on their 2021 Instacart funding, after a 75% plunge in valuation

Sequoia Capital and Andreessen Horowitz, two of Silicon Valley’s most high-profile enterprise corporations, are poised to take a large hit on their last investment in grocery supply firm Instacart, a

Continue ReadingSequoia and Andreessen to take a huge hit on their 2021 Instacart funding, after a 75% plunge in valuation

DoorDash will switch to Nasdaq from the NYSE in blow to Big Board

DoorDash will switch to Nasdaq from the NYSE in blow to Big Board

Tony Xu, co-founder and CEO of DoorDash Inc., smiles throughout the Wall Street Journal Tech Live convention in Laguna Beach, California, Oct. 22, 2019. Martina Albertazzi | Bloomberg | Getty

Continue ReadingDoorDash will switch to Nasdaq from the NYSE in blow to Big Board

Instacart aiming for valuation of $8.6 billion to $9.3 billion in IPO, reports say

Instacart aiming for valuation of $8.6 billion to $9.3 billion in IPO, reports say

InstaCart staff fulfill orders for supply Patrick T. Fallon | Bloomberg | Getty Images The grocery supply firm Instacart is aiming to go public at a valuation between $8.6 billion

Continue ReadingInstacart aiming for valuation of $8.6 billion to $9.3 billion in IPO, reports say

Tech IPOs are coming back — now they have to perform

Tech IPOs are coming back — now they have to perform

InstaCart workers fulfill orders for supply Patrick T. Fallon | Bloomberg | Getty Images Tech traders final week lastly heard utterance of their favourite three-letter acronym: IPO. It’s been 20

Continue ReadingTech IPOs are coming back — now they have to perform

Instacart files to go public on Nasdaq to try and unfreeze tech IPO market

Instacart files to go public on Nasdaq to try and unfreeze tech IPO market

Fidji Simo, chief government officer of Instacart Inc., speaks throughout an interview in San Francisco, California, on Thursday, March 3, 2022. David Paul Morris | Bloomberg | Getty Images Instacart,

Continue ReadingInstacart files to go public on Nasdaq to try and unfreeze tech IPO market

What the Street missed in earnings at Apple and Amazon — and where shares go next

What the Street missed in earnings at Apple and Amazon — and where shares go next

In one quarter — one off-cycle quarter that did not characteristic a no new iPhone — Apple (AAPL) delivered a whopping $81.8 billion in gross sales. That was regardless of

Continue ReadingWhat the Street missed in earnings at Apple and Amazon — and where shares go next

Stocks making the biggest moves noon: Southwest Airlines, Qualcomm, Roku, Clorox and more

Stocks making the biggest moves noon: Southwest Airlines, Qualcomm, Roku, Clorox and more

Southwest Airlines planes sit idle on the tarmac after Southwest Airlines flights resumed following the lifting of a quick nationwide stoppage brought on by an inner technical difficulty, in response

Continue ReadingStocks making the biggest moves noon: Southwest Airlines, Qualcomm, Roku, Clorox and more