Shares of Walmart-backed Ibotta soar 23% on public debut [Yahoo! Finance]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
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Source: Yahoo! Finance
from Nestle to Coca-Cola, rose 23% in its Wall Street debut on the New York Stock Exchange. The stock, which trades under the ticker “IBTA," opened Thursday at $107.10, above the $88 offering price and outside of the originally expected pricing range of $76 and $84 per share The Denver company, founded by lawyer Bryan Leach in 2011, works with more than 850 different clients and represents 2,400 consumer packaged brands, according to its prospectus filed with the U.S. Securities and Exchange Commission. Walmart, Family Dollar, Kroger and other major retailers use Ibott's artificial intelligence-enabled software, which delivers promotions that match customers' purchasing behavior. Ibotta said it only gets paid when a customer sees a company's promotion and it results in a sale. Those customers get cash back every time they buy something in a participating brand's store or on their app, with the money deposited in their bank account or applied to a gift card. Ibotta said in its fi
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WMT
Earnings
- 2/20/24 - Beat
WMT
Sec Filings
- 5/1/24 - Form 144
- 5/1/24 - Form PX14A6G
- 4/30/24 - Form PX14A6G
- WMT's page on the SEC website