Walmart-backed Ibotta debuts at $117
by Axios
Axios— Digital rewards company Ibotta debuted today at $117 after pricing at $88 per share Wednesday night. Why it matters: The opening trade marks...
Yahoo Finance—Walmart-backed Ibotta shares surge 33% in strong market debut. (Reuters) -Shares of digital marketing firm Ibotta soared 33% on their debut on the New York Stock Exchange on Thursday, giving the Walmart-backed company a market valuation of $3.55 billion. Ibotta sold 6.6 million shares at $88 apiece in its initial public offering (IPO), raising $577.3 million. Ibotta's stellar listing follows successful debuts by social media platform Reddit and chip firm Astera Labs.
Axios—Walmart-backed Ibotta raises $577M in IPO. Ibotta, a digital rewards company, raised $577.3 million in its IPO Wednesday, pricing at $88 per share. Why it matters: Pricing well above...
Fast Company—Ibotta IPO: Stock price closely watched today as Walmart-backed marketing platform lists on NYSE. Ibotta, a digital marketing platform that counts Walmart as a backer, will go public on the NYSE, testing investor appetite for tech IPOs.