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The grocery-delivery app Instacart, acknowledged formally as Maplebear Inc., debuted on Wall Avenue with a bang Tuesday, opening 40% above exactly where its first public offering priced prior to easing later on on — possibly paving the way for additional IPOs just after a two-year dry spell.
Shares concluded the working day up 12% from its $30 IPO price, at $33.70. They were down 1.5% soon after hrs.
The…
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