Instacart set for Wall Street debut days after Arm’s fiery entry
By
Biju Kumar
Shares of grocery delivery app Instacart were set to start trading on the Nasdaq on Tuesday, the second high-profile debut in days after SoftBank’s Arm Holdings entered Wall Street with a bang.
A strong debut, like chip designer Arm and RayzeBio had last week, could encourage other startups to test the waters and potentially revive the IPO market after a near 18-month dry spell.