Walmart Inc. (WMT)
After hours:
| Previous Close | 59.84 |
| Open | 60.15 |
| Bid | 0.00 x 1000 |
| Ask | 0.00 x 900 |
| Day's Range | 59.57 - 60.43 |
| 52 Week Range | 48.34 - 61.66 |
| Volume | |
| Avg. Volume | 19,276,291 |
| Market Cap | 480.663B |
| Beta (5Y Monthly) | 0.49 |
| PE Ratio (TTM) | 31.23 |
| EPS (TTM) | 1.91 |
| Earnings Date | May 16, 2024 |
| Forward Dividend & Yield | 0.83 (1.39%) |
| Ex-Dividend Date | May 09, 2024 |
| 1y Target Est | 65.69 |
ReutersWalmart-backed Ibotta targets up to $2.7 billion valuation in US IPO
It plans to sell 6.6 million shares of its class A common stock at $88 apiece, exceeding its earlier price range of $76-$84 apiece, Ibotta added. Increased buzz around artificial intelligence and hopes of a rebound in the U.S. IPO market from a two-year slump, buoyed by a possible soft landing for the economy have encouraged more tech companies to test the IPO waters. Ibotta, founded in 2011, provides a platform for brands to deliver promotions to customers and offer cash back rewards on their everyday purchases.
- Reuters
Walmart-backed Ibotta targets up to $2.7 bln valuation in US IPO
Walmart-backed digital marketing company Ibotta will likely raise $577.3 million at a valuation of $2.67 billion, after pricing its initial public offering on Wednesday. It plans to sell 6.6 million shares of its class A common stock at $88 apiece, exceeding its earlier price range of $76-$84 apiece, Ibotta added. Increased buzz around artificial intelligence and hopes of a rebound in the U.S. IPO market from a two-year slump, buoyed by a possible soft landing for the economy have encouraged more tech companies to test the IPO waters.
BloombergWalmart-Backed Ibotta, Holders Raise $577 Million in IPO Priced Above Range
(Bloomberg) -- Ibotta Inc., a digital marketing software firm that counts Walmart Inc. as a backer, and a group of shareholders raised about $577.3 million in an initial public offering priced above a marketed range.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainElon Wants His Money BackSingapore Loses ‘World’s Best Airport’ Crown to
