Instacart reportedly weighing direct listing instead of IPO

  • Grocery-delivery giant Instacart (ICART) could stage its eagerly anticipated go-public move via a direct listing rather than a traditional initial public offering, Reuters reported Friday.
  • The news agency cited unnamed sources as saying that Instacart, which many see as Wall Street’s next “unicorn” stock, is considering avoiding traditional IPO for fear of leaving money on the table.
  • Pre-IPO investors make big bucks when hot IPO stocks “pop” on their first trading days, but the underlying companies…

Click here to view the original article.