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The grocery-delivery app Instacart, known officially as Maplebear Inc., debuted on Wall Street with a bang Tuesday, opening 40% above where its initial public offering priced before easing later on — potentially paving the way for more IPOs after a two-year dry spell.
Shares finished the day up 12% from its $30 IPO price, at $33.70. They were down 1.5% after hours.
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