April 18, 2024 9:13 AM | 1 minute read |
Crypto whales are loading — are you there?
New research shows that the biggest crypto buyers are coming back. And this time? It may be possible for Bitcoin to exceed $100,000 in 2024. You don't want to miss out on the next big crypto bull run like we saw in 2020 and 2021. To find out exactly what's going on and what to buy…visit Benzinga. Best cryptocurrency research and investment for just $1.
walmart company (NYSE:WMT) IbottaThe digital marketing company expects to raise $577.3 million at a valuation of about $2.7 billion after pricing its initial public offering on Wednesday.
Ibotta plans to offer 6.56 million shares of its Class A common stock at a price of $88 per share, above its previous price range of $76 to $84 per share.
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The Company is selling 2.5 million shares of its Class A common stock, and the selling stockholder is offering an additional 4.06 million shares of its Class A common stock.
Growing interest in artificial intelligence and optimism about a possible recovery in the U.S. IPO market supported by prospects for economic recovery mean more technology companies are considering entering the IPO space. Reuters reported.
The company was incorporated in 2011 as Zing Enterprises, Inc., a Delaware corporation. In 2012, the company name was changed to Ibotta Co., Ltd.
Ibotta will trade on the New York Stock Exchange under the ticker symbol “IBTA” and is expected to begin trading on Thursday.
price action:WMT stock was trading 0.08% premarket at $59.70 at last check on Thursday.
Disclaimer: This content is created in part using AI tools, and reviewed and published by Benzinga editors.
Image: Shutterstock/MaximP
Crypto whales are loading — are you there?
New research shows that the biggest crypto buyers are coming back. And this time? It may be possible for Bitcoin to exceed $100,000 in 2024. You don't want to miss out on the next big crypto bull run like we saw in 2020 and 2021. To find out exactly what's going on and what to buy…visit Benzinga. Best cryptocurrency research and investment for just $1.
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