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-0.000126753422342408 -0.000169004563123171 0.000338009126246461 0.000968396146695925 0.00177454791279371 -0.00101402737873926 -0.00152104106810878 0
Stock impact report

Ibotta slips below opening price following IPO [Seeking Alpha]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company Research Source: Seeking Alpha
Shares of the digital marketing firm opened at $117 on Thursday and closed at $103.25, valuing the company at roughly $2.7B. Ibotta raised $577M in the offering, selling 6.56M shares as part of the initial public offering, up from the previous expectation of 5.6M shares. The company offers consumers cash back rewards via its Ibotta Performance Network. It uses an artificial intelligence-infused offer engine, which allows consumer product companies and brands to send promotions to more than 200M customers via the network. It works with major retailers such as Walmart ( WMT ), General Mills ( GIS ) and Dollar General ( DG According to its most recent filing, Ibotta generated $320M in revenue in 2023, up 52% year-over-year when it recorded $211M in sales. It generated $38M in net income in 2023, up from a loss in 2022. Recommended For You Recommended For You More Trending News About IBTA Stock Related Stocks Trending Analysis Trending News Show less Read more
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