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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

Instacart, the grocery delivery company that slashed its valuation during last year’s market slide, filed its

on Friday in what’s poised to be the first significant venture-backed tech IPO since December 2021.

The stock will be listed on the Nasdaq under the ticker symbol “CART.” In its prospectus, the company said net income totaled $114 million, while revenue in the latest quarter hit $716 million, a 15% increase from…

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Tour Championship: Viktor Hovland, Collin Morikawa share halfway lead in FedExCup season finale

Tour Championship: Viktor Hovland, Collin Morikawa share halfway lead in FedExCup season finale