Instacart Now Plans to Price IPO Shares Monday, Trade Tuesday
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Grocery delivery business Instacart is preparing to price its initial public offering on Monday after boosting its price range following a strong trading debut by Arm Holdings Plc, according to people familiar with the matter.
The company had earlier weighed pricing its offering later next week but then settled on Monday, according to people familiar with the matter, who asked not to be identified discussing confidential information. IPO plans are often fluid and decisions around timing are usually dependent on market conditions.