Walmart-backed Ibotta debuts at $117
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(Reuters) -Shares of digital marketing firm Ibotta soared 33% on their debut on the New York Stock Exchange on Thursday, giving the Walmart-backed company a market valuation of $3.55 billion. Ibotta sold 6.6 million shares at $88 apiece in its initial public offering (IPO), raising $577.3 million. Ibotta's stellar listing follows successful debuts by social media platform Reddit and chip firm Astera Labs.
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