TechCrunch
4 weeks agoIbotta's IPO opens sharply higher, hinting at warming public-market interest in tech shares | TechCrunch
Ibotta's successful IPO exceeded expectations, opening at $117 per share, above its $88 IPO price. Investor appetite for tech IPOs is increasing.
Ibotta's pivot to business sales contributed to recent profitability, in contrast to classic tech IPOs still in growth mode and unprofitable. [ more ]