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Shares in Instacart begin trading (Yahoo Finance)

September 20, 2023

Work services platform Instacart (NASDAQ: CART) began trading Sept. 19 with its stock opening at $42 per share, 40% higher than the anticipated $30 per share, Yahoo Finance reports. That puts the company’s valuation at roughly $13.9 billion. The official name of the company is Maplebear Inc.