"Ibotta's IPO Soars, Creating 150-Plus Millionaires"

1 min read
Source: Bloomberg
"Ibotta's IPO Soars, Creating 150-Plus Millionaires"
Photo: Bloomberg
TL;DR Summary

Ibotta Inc., a digital marketing software firm backed by Walmart, saw its shares rise 17% in its trading debut after raising about $577.3 million in an initial public offering, closing at $103.25 each, following earlier gains of up to 34%.

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