Instacart to target valuation of up to $9.3 billion in IPO -source

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Instacart to target valuation of up to $9.3 billion in IPO -source
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Instacart declined to comment. The Wall Street Journal was the first to report on Sunday on Instacart's IPO valuation target. The targeted valuation is a steep drop from the firm's $39 billion valuation in 2021, when the coronavirus pandemic was raging and doorstep delivery boomed.

Canadians should be hunting for discounts in a volatile market, and stocks like Canadian Tire are my top targets. The post 3 Stocks You’ll Be Glad You Bought at These Prices appeared first on The Motley Fool Canada.STORY: Shares of Apple and some of its suppliers fell this week following news that Beijing ordered some central government employees in recent weeks to stop using iPhones at work.Landsberg, speaking to Reuters' Lisa Bernhard, said the move was "payback" for U.S.

sanctions against Chinese smartphone maker Huawei, as well as for rumors that was Apple looking outside of China - and, in particular, at India - as a potential manufacturing base.But Landsberg said Apple has bigger problems than China: namely, the iPhone itself - new models of which will be rolled out on Tuesday. The new versions of Apple's flagship product, said Landsberg, "don't have, from what I've seen, a huge amount of technical upgrades.

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