Instacart (CART) shares jumped 40% to $42 when it opened on the Nasdaq. Shares had been priced at $30. Yahoo Finance Live's Brooke DiPalma breaks down the stock's opening trades.
CALGARY — The CEO of Canada's second-largest airline says the global push to decarbonize the aviation sector by 2050 will lead to a major increase in ticket prices unless governments step in to offer support. Alexis von Hoensbroech, the CEO of Calgary-based WestJet, made the comments at the 24th World Petroleum Congress, a major international oil-and-gas conference being held in that city this week.
Instacart's shares surged Tuesday in the grocery delivery company’s stock market debut. The San Francisco-based company's shares were up about 30% shortly after they started trading on the Nasdaq stock exchange under the ticker symbol “CART.” Instacart raised $660 million in its initial public offering, selling 22 million shares at $30 apiece.
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