(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 FloodingTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsElon Wants His Money BackBankers Hit With Millions in Breakup Fees for D
Digital marketer Ibotta prices shares higher than expected, raises $577M in public debut as IPO market heats up
Walmart (WMT) closed at $59.65 in the latest trading session, marking a -0.32% move from the prior day.