Ibotta’s IPO opens sharply higher, hinting at warming public-market interest in tech shares
Ibotta began its path as a public company on Thursday by opening at $117 per share, a big increase from its IPO price of $88, itself an increase from its proposed range of $76 to $84 per share. The company left money on the table “for investors who are very bullish on it [expanding] its third-party platform beyond just Walmart,